What is difference between a will&a living trust?

Answer A will and a living trust are estate planning documents that dictate how your estate is passed on when you die. The difference between a will and a living trust is that a will takes effect only whe... Read More »

Top Q&A For: What is difference between a will&a living trust

What is the difference between a living trust and a will in north carolina?

Most estate plans in North Carolina include both a will and a living trust. The will and the living trust work together but serve different purposes.ProbateTo understand a will and a living trust y... Read More »

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 »

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 »

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 »