A living trust is created by a grantor during his or her lifetime.

Name: A living trust is created by a grantor during his or her lifetime.
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Question

​A living trust is created by a grantor during his or her lifetime.

Quizplus · Accepted Answer

A living trust, also known as a revocable living trust or inter vivos trust, is created by the grantor during his or her lifetime. It allows the grantor to transfer his or her assets into the trust, manage them during his or her lifetime, and then distribute them to beneficiaries upon his or her death.

​A Living Trust Is Created by a Grantor During His

A Living Trust Is Created by a Grantor During His