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  2. These Trusts Can Help You Avoid Estate Taxes - AOL

    www.aol.com/trusts-help-avoid-estate-taxes...

    The second most common form of trust is known as irrevocable trust. As its name suggests, when you make an irrevocable trust you sign over control of the included assets. You name who will benefit ...

  3. 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 ...

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

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

    An irrevocable trust takes away your control of your assets. But if you have money or property you plan to hold onto, specifically for your heirs, an irrevocable trust can help protect those assets.

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

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

    An irrevocable trust may be used when the creator is trying to limit estate taxes and protect assets from being taken by creditors since the trust’s assets are no longer considered theirs.

  7. SPA Trust - Wikipedia

    en.wikipedia.org/wiki/SPA_Trust

    In United States trust law, a SPA Trust is an irrevocable trust that includes a special power of appointment.Unlike general powers of appointment, a special power of appointment is limited to a certain class of persons or entities that may receive the benefit of the power (appointee) from the person in whom the power is vested (donee).

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