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2. Life interest - Wikipedia

   en.wikipedia.org/wiki/Life_interest

   A life interest [1] (or life rent in Scotland) is a form of right, usually under a trust, that lasts only for the lifetime of the person benefiting from that right. A person with a life interest is known as a life tenant. A life interest ends when the life tenant dies. An interest in possession trust is the most common example of a life ...

3. Is a Living Trust Really the Best Way to Pass an Inheritance ...

   www.aol.com/living-trust-really-best-way...

   A living trust is a legal arrangement that allows you to pass on assets to the beneficiaries you designate. You're able to maintain control over a trust and its assets as long as you're alive.

4. Is a Living Trust Really the Best Way to Pass an Inheritance ...

   www.aol.com/finance/living-trust-really-best-way...

   A living trust is a legal setup that allows an individual or couple to specify how their assets should be distributed after they pass away. Also known as a revocable trust, it can be adjusted or ...

5. 3 Benefits of Using a Living Trust to Pass an Inheritance to ...

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   Image source: Getty Images. 1. You don't have to go through the probate process. When it's time for a will to be executed, it goes through a process called "probate." During probate, a court ...

6. Estate planning - Wikipedia

   en.wikipedia.org/wiki/Estate_planning

   If a revocable living trust is used as a part of an estate plan, the key to probate avoidance is ensuring that the living trust is "funded" during the lifetime of the person establishing the trust. After executing a trust agreement, the settlor should ensure that all assets are properly re-registered in the name of the living trust.

7. Creation of express trusts in English law - Wikipedia

   en.wikipedia.org/wiki/Creation_of_express_trusts...

   The creation of express trusts in English law must involve four elements for the trust to be valid: capacity, certainty, constitution and formality. Capacity refers to the settlor's ability to create a trust in the first place; generally speaking, anyone capable of holding property can create a trust.