fbpx

Warning: reset() expects parameter 1 to be array, string given in /homepages/19/d740226895/htdocs/clickandbuilds/mcadamsgroup159682/wp-content/themes/financier/inc/parts/page-title-part.php on line 29

Trust

A trust is a legal arrangement that creates a separate entity which can own property and is managed for the benefit of a beneficiary. A living trust is created while its grantor is still alive. A testamentary trust is created upon the grantor’s death—usually by another trust or by a will. Using a trust involves a complex set of tax rules and regulations. Before moving forward with a trust, consider working with a professional who is familiar with the rules and regulations.