Category Archives: Inter Vivos
What’s the Difference Between an Inter Vivos Trust and a Testamentary Trust?
Trusts can be part of your estate plan to transfer assets to your heirs. A trust created while an individual is still alive is an inter vivos trust, while one established upon the death of the individual is a testamentary trust and is generally included within a Last Will and Testament. Investopedia’s recent article… Read More »
What You Need to Know about Trusts for Estate Planning
There are many different kinds of trusts used to accomplish a wide variety of purposes in creating an estate plan. Some are created by the operation of a will, and they are known as testamentary trusts—meaning that they came to be via the last will and testament. That’s just the start of a thorough… Read More »
Do I Need a Living Trust or a Will? Or Both?
This is just one of the reasons people think they want a trust: to ensure that the value of their overall estate will not decrease, because of the cost of probate. The most common way to do that is with a trust, says The Houston Chronicle in the article “Elder Law: Which should I… Read More »