A living trust is a legal arrangement where a person (the grantor) transfers ownership of their assets into a trust during their lifetime, to be managed by a trustee for the benefit of designated beneficiaries. Unlike a will, a living trust allows for the seamless transfer of assets upon the grantor’s death, bypassing the often lengthy and costly probate process. It offers greater pri... https://thepoliticus.com/understanding-living-trusts-a-complete-guide-to-protecting-your-assets/