A living trust, also known as an inter vivos trust, is a type of trust that can benefit you both while you are still alive, and after you pass away. However, before you think about creating a living trust for yourself, it’s important to understand what it is and what benefits it can offer. Here are five things you should know about living trusts:
Tag: living trusts
When Should You Consider a Living Trust?
A living trust, also known as an inter vivos trust, is not the most well-known estate planning tool available. For some people, a living trust can be an essential tool for protecting their wealth and minimizing the potential problems that can arise during the probate process. Here are a few questions you should ask yourself to see if a living trust is right for you: Continue reading “When Should You Consider a Living Trust?”