Living trust

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf legal arrangement
gptkbp:alsoKnownAs gptkb:inter_vivos_trust
gptkb:revocable_living_trust
gptkbp:amendedBy grantor
gptkbp:becomesIrrevocableUpon death of grantor
gptkbp:benefit beneficiary
gptkbp:canBe avoid conservatorship
incapacity planning
provide privacy in estate transfer
transferring assets to trust
gptkbp:canName successor trustee
gptkbp:challenge interested parties
gptkbp:compatibleWith asset protection from creditors
gptkbp:createdBy grantor
gptkbp:distinctFrom irrevocable trust
testamentary trust
gptkbp:documentType trust instrument
https://www.w3.org/2000/01/rdf-schema#label Living trust
gptkbp:jurisdiction gptkb:United_States
gptkbp:managedBy trustee
gptkbp:mayInclude real estate
investments
bank accounts
personal property
gptkbp:prevention court-supervised probate
gptkbp:purpose avoid probate
manage assets
gptkbp:revocability revocable
gptkbp:subject gptkb:state_order
gptkbp:taxStatus gptkb:grantor_trust_for_income_tax_purposes
gptkbp:usedFor estate planning
gptkbp:bfsParent gptkb:Trust_Fund
gptkbp:bfsLayer 5