The Benefits and Disadvantages of Living Trusts
Date
2014-02
Authors
Beyer, Gerry W.
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Abstract
An inter vivos trust, also known as a living trust, is created during the lifetime of the settlor; testamentary trusts do not take effect until the settlor dies. This article discusses the advantages and disadvantages of clients using inter vivos trusts in their estate plans.
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Keywords
trusts, living trusts, inter vivos trusts, Texas, estate planning
Citation
Gerry W. Beyer, The Benefits and Disadvantages of Living Trusts, Estate Planning Devs. for Tex. Professionals (Feb. 2014).