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  2. Advance healthcare directive - Wikipedia

    en.wikipedia.org/wiki/Advance_healthcare_directive

    An advance healthcare directive, also known as living will, personal directive, advance directive, medical directive or advance decision, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity.

  3. 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.

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Virtually all trusts are made in written form, either through an inter vivos or "living trust" instrument (created while the settlor is living) or in a will (which creates a testamentary trust). Therefore, in understanding certain terms in a trust, general rules of construction regarding interpretation of wills or other testamentary documents ...

  5. 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.

  6. 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 ...

  7. 3 Benefits of Using a Living Trust to Pass an Inheritance to ...

    www.aol.com/3-benefits-using-living-trust...

    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 ...

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