Trust deeds of a decedent can play a role in how real property (the family house) is distributed and held by beneficiaries of a trust or estate.
A“living trust” can be created during a grantor’s lifetime. A “testamentary trust” is established after death following directives in the decedent-grantor’s will.3Living trusts created during the grantor's lifetime facilitate the transfer of assets to heirs without the cost and publicity ...