Filing a certificate of trust is often a one-time event. However, sometimes you may need to update a certificate of trust. This could be the case if the trust sells or acquires any real property.

A revocable, or “living” trust is a commonly used type of trust that allows the grantor — the trust’s creator — to make changes, or even cancel the trust, based on their preferences.

When trusts are used as estate planning tools, financial institutions such as banks and brokerages may require written documentation of the trust’s existence before transferring assets into a ...

A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament. One key thing to decide is whether to establish a revocable or ...

How revocable living trusts work When you set up your trust (typically with the help of a lawyer), you can appoint yourself as its trustee, which gives you the authority to manage whatever assets ...

The decision whether to choose a revocable or irrevocable trust for the protection of assets can have lasting implications and profoundly impact a legacy, so it's not something to be taken lightly.

A revocable trust is a flexible legal entity/financial structure that allows the individual who creates it, known as the grantor, to change, remove or alter the trust assets—or, in fact, amend ...

When you establish a revocable living trust you name a trustee who will oversee and manage its assets on your behalf. You can name yourself the trustee, although to use this as an estate planning ...

A revocable trust makes the most sense in this scenario because of its flexibility. Health care needs and family dynamics can change, so it’s important to have the ability to adjust the trust as ...

Q: After our father's death, we couldn't locate an original copy of my parents' revocable living trust. Copies have worked fine so far. The trust was prepared by an Arizona lawyer who has since died.

How revocable living trusts work When you set up your trust (typically with the help of a lawyer), you can appoint yourself as its trustee, which gives you the authority to manage whatever assets ...

On the surface, the difference between revocable and irrevocable trusts couldn’t be any more straightforward. You can change your revocable trust whenever and however you choose. You can’t ...