Question 10: Living Trust vs. Family Trust?
- What is the difference between a Living Trust and a Family Trust? They are nearly identical. A person can set up a Living Trust that does not have family members as the ultimate heirs. The property could be left to friends or to charity instead. But if a Living Trust designates children or other family members as the heirs, it can be called a Living Trust or a Family Trust. Either is acceptable.
- For additional information on this topic, see blog discussion here.
Wit & Wisdom
For the Church in any country to retreat from politics is nothing short of heresy. Christianity is political or it is not Christianity.
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