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  2. If you want to help your kids bypass probate when you die ...

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    A trust is a document that allows you to keep control of your money and property and designate who receives it once you die. “Revocable” means you can change the terms at any time while you ...

  3. I Live in Texas. How Do I Know If I'm Really Looking for a ...

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    The post Differences Between a Living Trust and a Will in Texas appeared first on SmartReads by SmartAsset. Estate planning is the process of arranging for your assets and property to be ...

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    A trust that cannot be modified or dissolved without the consent of the beneficiary. The grantor effectively relinquishes all rights to any assets put into the trust. Assets are removed from the grantor's taxable estate. The grantor is also relieved of any tax liability from income generated by assets that are placed into the trust.

  5. Trust (law) - Wikipedia

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

    For an express trust to exist, there must be certainty to the objects of the trust and the trust property. In the USA Statute of Frauds provisions require express trusts to be evidenced in writing if the trust property is above a certain value, or is real estate. Fixed trust: The entitlement of the beneficiaries is fixed by the settlor. The ...

  6. Qualified personal residence trust - Wikipedia

    en.wikipedia.org/wiki/Qualified_personal...

    Residence trusts in the United States are used to transfer a grantor's residence out of the grantor's estate at a low gift tax value. Once the trust is funded with the grantor's residence, the residence and any future appreciation of the residence are excluded from the grantor's estate, if the grantor survives the term of the trust, as explained below.

  7. Is It Actually Smart to Transfer Property into a Trust? - AOL

    www.aol.com/transfer-property-trust-140038282.html

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  8. Express trust - Wikipedia

    en.wikipedia.org/wiki/Express_trust

    In trust law, an express trust is a trust created "in express terms, and usually in writing, as distinguished from one inferred by the law from the conduct or dealings of the parties." [ 1 ] Property is transferred by a person (called a trustor, settlor , or grantor) to a transferee (called the trustee ), who holds the property for the benefit ...

  9. How Can My Beneficiaries Transfer Property Out of a Trust ...

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