what does a living trust do
A living trust, also called an inter vivos or revocable trust, is an estate planning tool increasingly used by individuals and families of all income brackets as a way to pass on property while generally avoiding costs and delays associated with probate.ithout a living trust, your estate may go through probate. The probate process can usually take six months to two years. Assets are usually frozen during this time, meaning nothing can be sold or distributed without the court and/or executor approval. 2.