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

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

   A revocable trust also allows you the freedom to change your mind about the trustees and beneficiaries. If family relationships, friendships, or business relationships change over time, you might ...

3. Don’t Make This Mistake — Create a Trust Instead of a Will

   www.aol.com/don-t-mistake-create-trust-180010051...

   While both wills and trusts are designed to ensure your wishes are carried out after your death, wills are subject to probate, a potentially lengthy and costly court process. During probate, a ...

4. Pour-over will - Wikipedia

   en.wikipedia.org/wiki/Pour-over_will

   A pour-over will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his or her estate at the time of his or her death shall be distributed to the Trustee of the trust. [1]

5. Will contract - Wikipedia

   en.wikipedia.org/wiki/Will_contract

   A will contract is a term used in the law of wills describing a contract to exchange a current performance for a future bequest. In such an agreement, one party (the promisee) will provide some performance in exchange for a promise by the other party (the testator, because they must draft a will) to make a specific bequest to the promisee party in the testator's will.

6. Trust (law) - Wikipedia

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

   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 rare cases, a court may change the terms of the trust due to unexpected changes in circumstances that make the trust uneconomical ...

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

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

   No need to put this in a revocable trust. Simply name your beneficiaries within the policy. Or, create an irrevocable life insurance trust (ILIT) to avoid estate taxes.