What is the difference between a trust and a life estate? And is it easier to sell a home that's held in a trust or in a life estate? How do I find out if I am listed on a trust? Q: Not really a question as much as a comment on your story about [...]
What are the differences between a revocable living trust and a life estate deed. Life estates are quite different from a revocable living trust. The trust would name a beneficiary for property and the property would go into the trust. The life estate deed means you're given or sold property but allow someone the right to occupy it while she's still alive.