FAMILY TRUST INSTITUTE
  • Home
  • About Us
  • Contact Us
Select Page
Definition of Living Trust (Revocable Trust)

Definition of Living Trust (Revocable Trust)

by FamilyTrust | Sep 10, 2013 | Definitions, Living Trust, Revocable Living Trust, Revocable Trusts

A living trust is the same as a revocable trust, a revocable living trust, and an inter vivos trust. Think of a trust as a third-party beneficiary contract where you have a trustmaker, grantor, settlor, or settlors who form a trust, basically as an agreement with a...
Definition of Irrevocable Trust

Definition of Irrevocable Trust

by FamilyTrust | Sep 10, 2013 | Definitions, Irrevocable Trusts, Revocable Living Trust, Trust Tax

An irrevocable trust cannot be changed. It is a trust that, by its terms, can’t be changed except by terms that might be written into the irrevocable trust. It must operate according to whatever are its terms. An irrevocable trust is typically set in a...

 Tags

asset protection beneficiaries blog Cage children court creditors deal deed definition disability dispute Documents Estate Estates family family harmony feud Financial assets FindLaw Fugger fund gift grandchildren Human Capital Inheritance Investment irrevocable IRS Judge jurisdiction life insurance Living Planning Probate Property Revocable Rinehart Rothschild State transfers trust Trusts wealth Wills

Recent Posts

  • Hello world!
  • Theology Test Prep
  • Heritage Planning: The 3rd Element of Successful Multi-Generational Planning
  • Entity Term and Liquidation Issues for Participants
  • How to keep your legal documents current

Archives

© 2020 Family Trust Institute