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Living Trust

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Living Trust

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A Living Trust allows a person or couple to put their possessions into the ownership of a tax-sheltering Trust that can be used for their benefit while they are alive. After their death, the Trust is then distributed to their heirs or beneficiaries, avoiding the tax penalties of probate court. This Legal Document Package includes both Single Trusts and Joint Trusts.

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Learn More about California Living Trust Documents

Definition of a Living Trust

The Revocable Living Trust, sometimes known simply as a Living Trust, has been growing more popular in recent years because it offers important benefits when compared to a simple Last Will and Testament. read more

Overview of Estate Planning

Estate planning is the process of getting your affairs in order so that if you pass away unexpectedly, things will be much easier for your loved ones. read more

Do I Need a Living Trust?

A Living Trust refers simply to a property-owning legal entity you create while alive. read more

FAQs on Living Trust

A living trust is also known as "inter vivos", Latin for "among the living". It is a trust arrangement you create while you are still alive. read more

A Primer on Estate & Inheritance Taxes

When you die, you leave your home, your possessions, your money, and other things of monetary value to spouses, children, family members, friends, charity or religious institutions. The government wants its share. Some argue that estate taxes can provide for future generations. Others argue that is robs inter-generational businesses of the capital they need to keep growing. read more

Benefits of a Living Trust

You can make your own basic living trust or create a living trust jointly with your spouse. There are many available types of living trust, though some are complicated and can only be used for certain circumstances. read more

12Law.com makes it easy to create Living Trust documents that meet all legal requirements for California. Click the Create Document button, above, and follow the simple, step-by-step instructions to finish in minutes.

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