Trusts can be set up either in the settlor's lifetime (inter vivos) or upon his death (via his will or by the laws of intestacy.)

Name: Trusts can be set up either in the settlor's lifetime (inter vivos) or upon his death (via his will or by the laws of intestacy.)
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Trusts can indeed be set up during the settlor's lifetime (inter vivos) or upon his death through a will or by the laws of intestacy.

Trusts Can Be Set Up Either in the Settlor's Lifetime