Alabama Real Estate Practice Exam 2026 – All-in-One Guide to Master Your Real Estate License!

Living trusts, or inter vivos trusts, are established during the trustor's lifetime. This allows the trustor to transfer assets into the trust and have control over those assets until they pass away. Option A is incorrect because a trust established after the trustor's death is a testamentary trust, not a living trust. Option C is incorrect because marriage does not have any impact on the establishment of a living trust. Option D is incorrect because the beneficiary's age does not determine when a living trust is established.