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  2. Bypass trust - Wikipedia

    en.wikipedia.org/wiki/Bypass_trust

    A bypass trust is a long-term planning device. It is typically created as part of an A/B Living trust estate plan after the death of the first spouse to die. During life, a married couple transfers ownership of property into a trust.

  3. This Is When You May Need an AB Trust in Your Estate Plan - AOL

    www.aol.com/finance/may-ab-trust-estate-plan...

    An AB trust is a legal arrangement for married couples that can minimize estate taxes by splitting assets between two separate trusts when one spouse dies. While a federal provision that went into ...

  4. Social Security Trust Fund - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Trust_Fund

    When the program runs a surplus, the excess funds increase the value of the Trust Fund. As of 2021, the Trust Fund contained (or alternatively, was owed) $2.908 trillion. [4] The Trust Fund is required by law to be invested in non-marketable securities issued and guaranteed by the "full faith and credit" of the federal government. These ...

  5. Trust (law) - Wikipedia

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

    Personal trust law developed in England at the time of the Crusades, during the 12th and 13th centuries. In medieval English trust law, the settlor was known as the feoffor to uses, while the trustee was known as the feoffee to uses, and the beneficiary was known as the cestui que use, or cestui que trust .

  6. I Live in Florida. Do I Need a Living Trust or Will (Or Both)?

    www.aol.com/live-florida-living-trust-both...

    The main differences between a living trust vs. will in Florida lie in the purpose each one is meant to serve. Establishing a will in Florida can help you to: Specify how you want your assets to ...

  7. Don’t Make This Mistake — Create a Trust Instead of a Will

    www.aol.com/don-t-mistake-create-trust-180010051...

    Preparing for the future is always wise in terms of protecting your assets, but setting up a living trust vs. a will can be time-consuming and costly when you factor in fees for legal advice or ...

  8. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    The term "grantor trust" also has a special meaning in tax law. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to take out all the assets. [20]

  9. What Should I Include in My Estate vs. Trust? - AOL

    www.aol.com/estate-vs-trust-really-understand...

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