A Revocable Trust or living trust is a legal arrangement used in estate planning that provides for the management and distribution of your property when you die. This will be stated on a Declaration of trust or Trust agreement. The trustor transfers property to the trustee, who holds the property …

Perhaps if both of them had followed the advice recommended in the following article, their estates could have been settled more quickly and easily. Obviously, they did NOT “Get their houses in order” soon enough. Don’t cause your loved ones the agony of going through unnecessary struggles and heartbreak when …

The purpose of a trust is to create an “artificial legal person” to protect, hold, and manage your private wealth for the benefit of your heirs. – As in any contract, someone must initiate the contract (grantor or trustee). So the grantor trust is simply someone who has initiated the …