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2. How Can I Shield My Assets from Assisted Living Expenses? - AOL

   www.aol.com/revocable-trust-protect-assets...

   Many retirees go to nursing homes as their needs increase, creating a dilemma for protecting their wealth. A revocable trust places your wealth in a tax-protected vehicle you can control until you ...

3. Five items to leave out of a revocable living trust

   www.aol.com/finance/want-help-kids-bypass...

   5 minutes could get you up to $2M in life insurance coverage — with no medical ... you can create a revocable living trust. A trust would have helped Pete’s family avoid probate, protect their ...

4. Uniform Trust Code - Wikipedia

   en.wikipedia.org/wiki/Uniform_Trust_Code

   The final text of the Uniform Trust Code (UTC) was approved by the ULC commissioners in August 2000. The American Bar Association's House of Delegates officially endorsed the UTC in February 2001. The following months saw the finalization of detailed interpretive comments in April 2001 and minor clean-up revisions in August 2001. [ 2 ]

5. Wealthy Boomers Will Be Passing On an Average of $3.1M ... - AOL

   www.aol.com/wealthy-boomers-passing-average-3...

   A better choice may be that the accounts are titled in the name of the trust if you have a revocable trust in place.” Death Benefit Proceeds Finally, wealthy boomers plan to pass on $170,000 in ...

6. Federal Deposit Insurance Corporation - Wikipedia

   en.wikipedia.org/wiki/Federal_Deposit_Insurance...

   The owner of a revocable trust account is generally insured up to $250,000 for each unique beneficiary (subject to special rules if there are more than five of them). Thus if there is a single owner of an account that is specified as in trust for (payable on death to, etc.) three different beneficiaries, the funds in the account are insured up ...

7. Asset-protection trust - Wikipedia

   en.wikipedia.org/wiki/Asset-protection_trust

   Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor's power to revoke). Most of them contain a spendthrift clause preventing a trust beneficiary from alienating his or her expected interest in favor of a creditor. The spendthrift clause has three general exceptions to the ...

8. Will An Expensive Revocable Living Trust Really Pay Off ... - AOL

   www.aol.com/does-sense-pay-expensive-revocable...

   Creating a revocable living trust can take more time and more than writing a will because it requires a lot of work upfront. For instance, you must re-title all assets you want to transfer to the ...

9. Five items to leave out of a revocable living trust

   www.aol.com/finance/want-help-kids-bypass...

   A trust can turn non-taxed accounts into taxable ones. But you can make the trust itself the beneficiary so that these accounts pass directly to your trustees without some IRS agent crashing the wake.