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  2. Spendthrift trust - Wikipedia

    en.wikipedia.org/wiki/Spendthrift_trust

    Spendthrift trust. In trust law, a spendthrift trust is a trust that is created for the benefit of a person (often unable to control his/her spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary generally cannot reach ...

  3. 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. Upon the death of the first party to die, the terms of the trust require that some portion of the property be ...

  4. Party favor - Wikipedia

    en.wikipedia.org/wiki/Party_favor

    A traditional wedding and party favor. Wedding favors are small gifts given as a gesture of appreciation or gratitude to guests from the spouses during a wedding ceremony or a wedding reception. The tradition of distributing wedding favors is hundreds of years old. It is believed that the first wedding favor, common amongst European aristocrats ...

  5. Pros & Cons of Getting a Small Estate Affidavit in Virginia - AOL

    www.aol.com/finance/pros-cons-getting-small...

    In Virginia, a small estate affidavit can save time and money when transferring assets from the estate of someone who died.The affidavits can only be used when the estate is valued at less than ...

  6. What Do My Beneficiaries Need to Know About Trusts & Money? - AOL

    www.aol.com/does-beneficiary-money-trust...

    The grantor can set up the trust, so the money distributes directly to the beneficiaries free and clear of limitations. The trustee can transfer real estate to the beneficiary by having a new deed ...

  7. How US wedding costs compare to other countries—and ... - AOL

    www.aol.com/us-wedding-costs-compare-other...

    Americans have typically spent more on their weddings than couples in other countries. In 2023, they spent an average of $30,000, up 2.7% from 2019's $29,200 price tag. That said, considering ...

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