DianeW777
Employee Tax Expert

Get your taxes done using TurboTax

This is really a legal question that you will need to obtain advice about. 

 

Here is what I know, trusts and estates both exist.to distribute assets, they do so in different ways. A trust is usually created while the grantor is alive, and an estate is created at the moment of someone's death. A trust is intended to be a semi-permanent entity based on the trust documents and establishment.

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