What is an Inter Vivos Trust? | Ryan C. Young | Virginia Attorney

Ryan C. Young, Esq.
What is an Inter Vivos Trust? | Ryan C. Young | Virginia Attorney
  Inter Vivos – Latin for “between the living” An Inter Vivos Trust is often referred to as a living trust or a revocable living trust. As opposed to the testamentary trust that goes into effect when the trustor has passed away, the Inter Vivos Trust is in place and operating while the grantor is still alive. The Inter Vivos... Read More

Four Benefits that Make Living Trusts a Compelling Option | Ryan C. Young | Virginia Estate Planning

Ryan C. Young, Esq.
Four Benefits that Make Living Trusts a Compelling Option | Ryan C. Young | Virginia Estate Planning
Virginia Living Trust Think a living trust, sometimes called an inter vivos trust , is an estate planning option only appropriate for only the highest net-worth individuals? Think again. Living trusts offer individuals an alternative to relying on a standard will to direct the disposition of their assets upon death. Across Virginia—indeed, across the entire United States—people are discovering that... Read More

What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney
Living Trust v. Last Will and Testament An inter vivos trust, commonly known as a living trust, is used to dispose of property during a person’s lifetime. A last will and testament transfers the ownership of property after a person’s death. These legal instruments have significant differences such as their transfer, revocability, privacy, probate and costs. Transfer of Property into... Read More

What is the difference between an inter vivos trust (living trust) and a testamentary trust? | Ryan C. Young | Richmond, Virginia Lawyer

Ryan C. Young, Esq.
What is the difference between an inter vivos trust (living trust) and a testamentary trust? | Ryan C. Young | Richmond, Virginia Lawyer
  Inter Vivos Trust (living trust) v. a Testamentary Trust This article is intended to briefly introduce you to the difference between an inter vivos trust and a testamentary trust. There are many different types of trusts and reasons for creating a trust. If you have further questions, please do not hesitate to contact our office to discuss your estate.... Read More