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2. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   A trust generally involves three "persons" in its creation and administration: (A) a settlor or grantor who creates the trust; [11] (B) a trustee who administers and manages the trust and its assets; and (C) a beneficiary who receives the benefit of the administered property in the trust. In many instances where a revocable living trust is ...

3. Joint Revocable Trust: Estate Planning - AOL

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

   A revocable trust or revocable living trust is one that can be amended, changed, or even dissolved. Usually, this type of trust makes the most sense when the grantor is alive and healthy.

4. Trust (law) - Wikipedia

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

   Irrevocable trust: In contrast to a revocable trust, an irrevocable trust is one in which the terms of the trust cannot be amended or revised until the terms or purposes of the trust have been completed. Although in rare cases, a court may change the terms of the trust due to unexpected changes in circumstances that make the trust uneconomical ...

5. Five items to leave out of a revocable living trust

   www.aol.com/finance/want-help-kids-bypass...

   A trust can turn non-taxed accounts into taxable ones. But you can make the trust itself the beneficiary so that these accounts pass directly to your trustees without some IRS agent crashing the wake.

6. Asset-protection trust - Wikipedia

   en.wikipedia.org/wiki/Asset-protection_trust

   In trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and ...

7. Trustee - Wikipedia

   en.wikipedia.org/wiki/Trustee

   Chart of a trust. Trustees [2] have certain duties (some of which are fiduciary). These include the duty to: Carry out the expressed terms of the trust instrument. [3] Trustees are bound to act in accordance with the terms of the trusts upon which the trustee holds trust property, and commit a breach of trust by departing from the terms of the ...