trustor in A Sentence
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Trustor can start to operate his Personal Office by himself at any time.
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The Trustee gets in touch with the Trustor, explains the details and then the Trustor tells the confirmation code.
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The opposite of an inter-vivos trust is a testamentary trust, which goes into effect upon the death of the Trustor.
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The opposite of an inter vivos trust is a testamentary trust, which goes into effect upon the death of the Trustor.
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Also known as a living trust, this trust has a duration that is deemed at the trust's creation and can entail the distribution of assets to the beneficiary during or after the Trustor's lifetime.
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Trusts are established to provide legal protection for the Trustor's assets, to make sure those assets are distributed according to the wishes of the Trustor, and to save time, reduce paperwork and, in some cases, avoid or reduce inheritance or estate taxes.
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Revocable Living Trust; Trusts are established to provide legal protection for the Trustor's assets, to make sure those assets are distributed according to the wishes of the Trustor, and to save time, reduce paperwork and, in some cases, avoid or reduce inheritance or estate taxes.
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