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2. 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 ...

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. 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 ... If you want control and flexibility over the trust and have relatively basic needs ...

5. What is a trust? - AOL

   www.aol.com/finance/trust-201244481.html

   A living trust can be a useful option for individuals with even relatively modest estates. The downside is that while a revocable trust will usually keep your assets out of probate if you were to ...

6. 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 ...

7. 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.