Categories: Estate Planning
A trust is a fiduciary arrangement where one or more people are assigned to hold property or assets for someone else. Trusts can be revocable or irrevocable. A Testamentary Trust is created through a will, and a Living Trust is created during your lifetime to transfer your property to another’s care so that upon your incapacitation or death, your estate is handled on your behalf. Trusts can be complicated, so we advise that you contact The Law Office of Patricia E. Tichenor, P.L.L.C. to discuss your options.
