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

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

    However, a revocable trust can provide language to create sub-trusts upon the death of a grantor (e.g. credit shelter or other irrevocable trusts) that can preserve or reduce future estate tax ...

  3. Revocable vs. Irrevocable Trusts - AOL

    www.aol.com/news/revocable-vs-irrevocable-trusts...

    A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament. One key thing to decide is whether to establish a revocable or ...

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    This may even include situations where there may be a conflict in the grantor's direction and the actual terms of the trust. [15] In an irrevocable trust, there has developed a growing use of a so-called trust protector. This is generally an unaffiliated, third party (often a lawyer or an accountant) who is granted the power to amend or change ...

  5. 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 ...

  6. Will I Need to Pay Capital Gains Taxes on My Irrevocable Trust?

    www.aol.com/news/revocable-vs-irrevocable-trusts...

    One key thing to decide is whether to establish a revocable or irrevocable trust. Both have … Continue reading → The post Revocable vs. Irrevocable Trusts appeared first on SmartAsset Blog.

  7. Asset-protection trust - Wikipedia

    en.wikipedia.org/wiki/Asset-protection_trust

    Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor's power to revoke). Most of them contain a spendthrift clause preventing a trust beneficiary from alienating his or her expected interest in favor of a creditor. The spendthrift clause has three general exceptions to the ...

  8. Will I Need to Pay Capital Gains Taxes on My Irrevocable Trust?

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

    One key thing to decide is whether to establish a revocable or irrevocable trust. Both have … Continue reading → The post Revocable vs. Irrevocable Trusts appeared first on SmartAsset Blog.

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

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

    Estate planning is critical to preserving generational wealth. For many families, a living trust can streamline the process of transferring wealth after you die by eliminating probate and ...

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