Building Blocks of Trusts: What should you know?
By: Daniela Alonso Trusts come in different forms and can be used to achieve different goals. What is a Revocable Trust? A revocable trust is a document (the “trust agreement”) created by you to manage your assets during your lifetime and distribute the remaining assets after your death. The person who creates a trust is called the “grantor”. The person responsible for the management of the trust assets is the “trustee.” You can serve as trustee, or appoint another person, ba