Legal Question in Family Law in Indiana

What the diffrence between living trust and Prenuptial agreement?


Asked on 3/05/10, 12:45 am

1 Answer from Attorneys

The answer is night and day. A living trust is an estate planning document that can be used by single, divorced, widowed and married people and deals with an entire estate when a person is alive as well as dead. A prenuptial document, althought in a sense is an estate documents is used more for protecting assets from a new spouse to be in the event of a divorce. However, it can be used as a way of creating a waiver of a spouses right to a statutory share of a probate estate.

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Answered on 3/10/10, 4:26 am


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