Revocable trusts can go by other names like living trusts, inter vivos trusts or even “loving” trusts, but their purpose is the same: to address the problems that traditional last wills and testaments ...
The trust was established on or after Aug. 11, 1993. The person's assets were used to form all or part of the corpus of the trust. The policy in this section does not apply to trusts established by a ...