Trust law - wikipedia, free encyclopedia, In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. a trust is created by a settlor, who. What revocable living trust? - estate planning, wills, A revocable living trust, also simply called a living trust, is a legal document that is created by an individual, called a trustmaker, to hold and own the trustmaker. Estate planning :: california probate lawyer blog, Estate planning :: california probate lawyer blog are you married? estates of married individuals dying after 2010 must file an estate tax return to pass along.