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It means you set up the trust fund before you die instead of waiting on a will to be enacted. read more here http://www.free-living-trust-information.com/
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Are living trusts revocable?
Yes, revocable living trusts have become a viable alternative to the traditional wills in many States . These trusts are favored because they allow you to have more control over your estate when you live and after your death.
What is the difference between a living trust and other trusts?
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
Where can I get information online regarding A-B trusts?
You can get information about AB trusts online at a number of websites. I recommend that you go to http://www.nolo.com/legal-encyclopedia/article-29621.html, http://www.finweb.com/retirement/ab-trusts.html, http://www.legalzoom.com/living-trusts-guide/a-b-living-trusts.html and http://estate.findlaw.com/estate-planning/trusts/trusts-ab-trusts.html.
Do I need a living trust?
If you are already writing a living will so you don't have to worry about your estate in the future it is a good idea to write a living trust as well. For more information about living trust http://www.legalzoom.com/living-trusts/living-trusts-overview.html and scroll down to where it talks about living trust.
What was the real purpose of teddy Roosevelt's assault on trusts?
Why don't you answer it you fool!
What was the purpose of trusts?
The purpose was to get rid of big businesses. It was to prevent big companies that attempted to control an entire industry.
What has the author John R Cohan written?
John R. Cohan has written: 'Drafting California Inter Vivos Trusts' 'Drafting California irrevocable inter vivos trusts' -- subject(s): Living trusts
What is the challenge in filling out a functional document?
know its purpose
What was the purpose of corporate shareholders trusts that were created in the US in the late 1800s?
to improve working conditions
What was the purpose of corporate shareholder That Were trusts in the US created in the late 1800s?
to improve working conditions
What was the purpose of corporate shareholder trusts that were created in the US in late 1800?
to improve working conditions
What has the author Ronald Farrington Sharp written?
Ronald Farrington Sharp has written: 'Living trusts for everyone' -- subject(s): Estate planning, Living trusts 'Winning the divorce war' -- subject(s): Popular works, Divorce suits
