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 What is a reversible living trust?

Answer A reversible living trust is a legal way to benefit from the ownership of property without personally owning the property. A reversible living trust is actually a legal relationship involving yours... Read More »
http://www.answerbag.com/q_view/1969139

Top Q&A For: What is a reversible living trust

How to Amend a Living Trust or Change a Living Trust?

A living trust protects your assets and settles the question of who will be receiving what part of your assets after you die. Putting assets in trust can also have some tax benefits. A living, or r... Read More »
http://www.ehow.com/how_7341375_amend-trust-change-living-trust.html

Does a beneficiary of a living trust have the right to see the trust?

A beneficiary's right to examine a revocable living trust does not exist until the trustor---the person who made the trust---dies. The beneficiary then has the right to request a copy of the trust ... Read More »
http://www.answerbag.com/q_view/2017226

Is a living trust a testamentary trust?

A living trust is not a testamentary trust. A living trust--also known as an "inter vivos trust"--takes effect in the maker's lifetime. In contrast, a testamentary will go into effect only after th... Read More »
http://www.answerbag.com/q_view/1988051

Do I need a will or a living trust?

On One Hand: Benefits of a Living TrustThe primary advantage of a living trust over a will is that a will must go through probate court, which can often be time consuming and expensive. A living tr... Read More »
http://www.answerbag.com/q_view/1869813


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