Estate Law Questions? Ask an Estate Lawyer.
The word Living is not shown. Is there a difference?
No, they are just different terms for the same thing. Sometimes they are even called revocable living trusts.. As long as it can be amended, it is "living".
She wants my sister and I to also be trustees while she is living and after her death. Is this possible and do we just need to state this on the amendment?
Yes, that is exactly how it would be done. Mother would just execute an Amendment stating that you and sister are appointed as co-trustees along with her. The appointment would automatically continue after mother passes so it doesn't need to state it continues after her death..
Yes, again, just different terms for the same thing.. Some trusts use Settlor, some Grantor, some Trustor..