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{"id":15828,"date":"2016-06-07T20:41:15","date_gmt":"2016-06-07T20:41:15","guid":{"rendered":"http:\/\/www.seonewswire.net\/2016\/06\/andrew-hook-talks-to-stretcher-about-revocable-living-trusts\/"},"modified":"2016-06-07T20:41:15","modified_gmt":"2016-06-07T20:41:15","slug":"andrew-hook-talks-to-stretcher-about-revocable-living-trusts","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2016\/06\/andrew-hook-talks-to-stretcher-about-revocable-living-trusts\/","title":{"rendered":"Andrew Hook talks to Stretcher about revocable living trusts"},"content":{"rendered":"
In an interview for Stretcher.com<\/a>, Attorney Andrew Hook explains the meaning of a revocable living trust by dividing the term into its main parts: \u201crevocable,\u201d \u201cliving\u201d and \u201ctrust.\u201d He describes a revocable living trust as a legal agreement in which a person, who is referred to as the \u201csettlor\u201d or \u201cgrantor,\u201d transfers property to a trustee, who manages the property for the benefit of specific beneficiaries. You can consider the trust agreement to be a list of directions from the settlor to the trustee regarding the way in which the trustee will manage the property. <\/p>\n

The \u201cliving\u201d part of the term, \u201crevocable living trust\u201d signifies that the trust was drafted while the settlor was alive. This concept can also be described by the term \u201cinter vivos.\u201d The \u201cliving\u201d element of the trust is that it is not \u201ctestamentary,\u201d which means that a trust was created under a will, or arose (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In an interview for Stretcher.com, Attorney Andrew Hook explains the meaning of a revocable living trust by dividing the term into its main parts: \u201crevocable,\u201d \u201cliving\u201d and \u201ctrust.\u201d He describes a revocable living trust as a legal agreement in which…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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