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Common Misconceptions About Living Revocable Trust April 29, 2013

Common Misconceptions About Living Revocable Trust What is a living revocable trust? A living revocable trust is a trust created during the lifetime of the grantor. Under this instrument, the grantor acts as the trustee during their lifetime and retains complete control over the corpus of the trust. While the grantor is alive and has… Read more »

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What Is A Testamentary Trust? April 29, 2013

What is a testamentary trust? A testamentary trust is a trust created within a will that does not come into existence until after the individual who wrote the will (the testator) passes away. This type of trust is different from a living trust because the trust does not exist during the testator’s lifetime. What is… Read more »

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