A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. You can be the trustee of your own living trust, keeping full control over all property held in trust. A “living trust” (also called an “inter vivos” trust) is simply a trust you create while you’re alive, rather than one that is created at your death. For more information about living trusts and how you can set one up, contact the team at AACT Financial Solutions.
Our team can help you setup different kinds of living trusts that can help you avoid probate, reduce estate taxes, or set up long-term property management. Contact us today for more information about how the team at AACT Financial Solutions can help with your living trust.