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  2. Pour-over will - Wikipedia

    en.wikipedia.org/wiki/Pour-over_will

    A pour-over clause in a will gives probate property to a trustee of the testator's separate trust and must be validated either under incorporation by reference by identifying the previously existing trust which the property will be poured into, or under the doctrine of acts of independent significance by referring to some act that has ...

  3. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    In South Africa, in addition to the traditional living trusts and will trusts there is a "bewind trust" (inherited from the Roman-Dutch bewind administered by a bewindhebber) [51] in which the beneficiaries own the trust assets while the trustee administers the trust, although this is regarded by modern Dutch law as not actually a trust. [52]

  4. Revocable trust vs. irrevocable trust: key differences - AOL

    www.aol.com/finance/revocable-trust-vs...

    Grantor (the trust creator) can be a trustee: The grantor can act as a trustee during their lifetime, and is not forced to relinquish control of the assets placed in the trust. Cons. Does not ...

  5. Don't Sleep on This Difference: Family Trust vs. Living Trust

    www.aol.com/finance/dont-sleep-difference-family...

    One of the common estate planning tips for investors is to get a trust to protect their assets. However, that advice is hardly specific enough. There are many types of trusts, and each has its ...

  6. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift, estate, and generation-skipping transfer taxes.

  7. Joint Revocable Trust: Estate Planning - AOL

    www.aol.com/finance/joint-revocable-trust-estate...

    Whereas an ordinary trust has just one trustee, a joint trust has multiple co-trustees. This is a common choice for married couples, especially when the plan is for the surviving spouse to receive ...

  8. Testamentary trust - Wikipedia

    en.wikipedia.org/wiki/Testamentary_trust

    A testamentary trust (sometimes referred to as a will trust or trust under will) is a trust which arises upon the death of the testator, and which is specified in their will. [1] A will may contain more than one testamentary trust, and may address all or any portion of the estate. [2]

  9. Retirement vs. Estate Planning: Do You Really Know How They ...

    www.aol.com/retirement-vs-estate-planning-really...

    Because estate planning usually involves a trust, doing so lets your estate avoid probate court. Probate can take months to complete and inflict additional legal costs, eroding the wealth going to ...

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