A living trust is a legal document or arrangement created by an individual, the grantor, during their lifetime where a designated person, the trustee, is given the responsibility to protect that individual’s assets for the benefit of the beneficiary.
This is a tool to help family members and beneficiaries avoid a complex, and sometimes costly, probate process.
Our agents at Axim Financial Partners in Calabasas, California, can guide you to set up your Living Trust today.