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  2. Is It Possible for My Beneficiaries to Transfer Property ...

    www.aol.com/beneficiaries-transfer-property...

    Transferring property out of a trust after the trustor’s death is a multistep process in which the trustee fills out deed documentation, identifies mortgages and transfers ownership to the ...

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

    www.aol.com/5-reasons-seriously-consider-using...

    For example, a bypass trust is designed to meet the cash-flow needs of a surviving spouse, but it will transfer to the surviving spouse's beneficiaries, which are named in the trust, after his or ...

  4. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    If a contingent beneficiary is not named, the default provision in the contract or custodian-agreement applies. Death: For retirement plan assets, at the account owner's death, the primary beneficiary may select his or her own beneficiaries if the remaining balance will be paid out over time. There is no obligation to retain the contingent ...

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

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

    However, with an irrevocable trust, typically, the grantor cannot alter the terms of the trust without the beneficiary’s approval. But the grantor still had the authority to determine how the ...

  6. Trust (law) - Wikipedia

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

    In South Africa, in addition to the traditional living trusts and will trusts there is a "bewind trust" (inherited from the Roman-Dutch bewind administered by a bewindhebber) [51] in which the beneficiaries own the trust assets while the trustee administers the trust, although this is regarded by modern Dutch law as not actually a trust. [52]

  7. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.

  8. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    “Generally speaking, if there is a beneficiary designation on a bank account, this overrides the estate plan, including the last will and testament and/or revocable living trust.”

  9. Disclaimer of interest - Wikipedia

    en.wikipedia.org/wiki/Disclaimer_of_interest

    The disclaimer must be in writing and submitted to the court overseeing the disposition of the estate within a legally specified time period, which is usually nine months after the death of the person from whom the disclaiming party stands to inherit, or twelve months after the creation of a trust by a living person.