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  2. I Live in California. Do I want a Living Trust Or Will ... - AOL

    www.aol.com/finance/live-california-want-living...

    The post Living Trust vs. Will in California: Differences and How to Choose appeared. Today’s choices shape the future for children, great-grandchildren and future descendants. For Californians ...

  3. 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 ...

  4. 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.

  5. 3 Reasons to Seriously Consider Using a Living Trust to Pass ...

    www.aol.com/3-reasons-seriously-consider-using...

    Image source: Getty Images. 1. You have a number of beneficiaries. The nice thing about a living trust is that it allows you to maintain control over your assets as long as you're alive.

  6. Legal instrument - Wikipedia

    en.wikipedia.org/wiki/Legal_instrument

    Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, [1] records and formally expresses a legally enforceable act, process, [2] or contractual duty, obligation, or right, [3] and therefore evidences that act, process, or agreement.

  7. Power of appointment - Wikipedia

    en.wikipedia.org/wiki/Power_of_appointment

    It is a trust that qualifies for the marital deduction, provided that the surviving spouse is given the income at least annually and the surviving spouse has a general power of appointment over the trust property remaining at his death. Most general powers of appointment are exercisable under a will. The holder of the power refers to the ...

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