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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. 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 ...

4. Will An Expensive Revocable Living Trust Really Pay Off ... - AOL

   www.aol.com/does-sense-pay-expensive-revocable...

   Creating a revocable living trust can take more time and more than writing a will because it requires a lot of work upfront. For instance, you must re-title all assets you want to transfer to the ...

5. 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. If assets ...

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

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

   A revocable, or “living” trust is a commonly used type of trust that allows the grantor — the trust’s creator — to make changes, or even cancel the trust, based on their preferences.

7. 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 ...