What is a Trust?

A Trust is an arrangement under which the Trustee holds legal title to property for the benefit of the Beneficiaries, the primary purpose of which is to avoid Probate. A Revocable Living Trust, or “Inter Vivos Trust”, is one that is created during an individual’s lifetime, whereas a Testamentary Trust is a Trust created after an individual’s death according to the provisions in his or her Will.


The information on this website is intended for informational purposes only and should not be used as a substitute for legal advice. For legal advice, please make an appointment to speak with an attorney.