There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of the hardest things you ...

Sometimes called a revocable trust, a living trust is created prior to someone’s death. “A revocable trust is created outside of probate,” says Patrick Simasko, elder law attorney and wealth ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Thorough financial planning involves many things.