A lawful entity that retains your assets and guarantees they transfer on to your beneficiaries without probate. A living trust is a authorized arrangement where you transfer ownership of your respective assets for the trust all through your lifetime. You, the creator with the trust (known as the grantor or trustor), retain https://livingtrustsetupwithoutla46666.yomoblog.com/45218588/helping-the-others-realize-the-advantages-of-living-trust-prep-for-beginners-california