What is the difference between a revocable and irrevocable trust?

Answer Contemplating establishing a trust is a complicated and often confusing experience. At the outset, you need to understand the basic options that are available to you.TypesTrusts can be divided into... Read More »

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What Is the Difference Between a Trustee & a Settlor on a California Revocable Trust?

Since the 1980s, revocable living trusts have become a standard tool in California estate planning, according to the Toews law firm. The creator of the trust is called the settlor, trustor or grant... Read More »

Can a revocable trust to be transferred to your spouse's revocable trust after your death?

Yes, you may name your spouse's revocable trust as the beneficiary of your revocable trust in your declaration of trust document. Another option would be to establish a joint trust, which may be st... Read More »

What is a revocable trust?

A trust is a written agreement naming one person to be responsible for managing the property for the benefit of another person. A revocable trust, sometimes called a living trust, is capable of bei... Read More »

What Goes Into a Will for Revocable Trust?

A will that funds a revocable trust is commonly known as a "pour-over will." A pour-over will is a very useful document that funds an existing revocable trust with all of the assets of the deceased... Read More »