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  2. Joint Revocable Trust: Estate Planning - AOL

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

    Establishing a joint revocable trust can be an ideal estate planning tool for the benefit of your children, your grandchildren and beyond. Married couples have the possibility of establishing a ...

  3. 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 ...

  4. 5 Reasons to Seriously Consider Using a Living Trust to Pass ...

    www.aol.com/5-reasons-seriously-consider-using...

    Living trusts come in two forms -- revocable and irrevocable. With a revocable living trust, the grantor who created it has the power to change the terms of the document or to get rid of the trust ...

  5. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    revocable living trusts (sometimes called revocable inter vivos trusts), joint ownership of assets and naming death beneficiaries, making lifetime gifts, and; purchasing life insurance. 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 ...

  6. Trust (law) - Wikipedia

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

    Inter vivos trust (or 'living trust'): A settlor who is living at the time the trust is established creates an inter vivos trust. 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 ...

  7. Estates and Wills: Should You Set Up a Revocable or ... - AOL

    www.aol.com/estates-wills-set-revocable...

    A living revocable trust provides this advantage. A revocable trust also allows you the freedom to change your mind about the trustees and beneficiaries. If family relationships, friendships, or ...

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