The Cake Library

Trusts

A trust is a legal arrangement in which a legal title to a property or asset is entrusted to someone under specific circumstances, like after a death. This is a common way to manage your estate, and it has many advantages compared to a traditional will. Unlike a will, your assets placed in a trust will not need to go through probate court, simplifying the process for trustees.

Popular articles

All Articles about Trusts

What Happens to a Trust When the Trustee Dies?

By Michael T. Flannery, BA, JD

Trust vs. Will: What's the Difference?

By Laura Leavitt, MA in Rhetoric and Composition

What is a Trust?

By Michael T. Flannery, BA, JD