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2. New Money vs. Old Money — Does This Make a Difference for ...

   www.aol.com/money-vs-old-money-does-180010059.html

   The old money versus new money distinction generally delineates between individuals or families with inherited wealth and status, versus those who have acquired it more recently through ...

3. Money Talk: Trust in the flexibility of living trusts - AOL

   www.aol.com/news/money-talk-trust-flexibility...

   Deciding the best way to leave money to a heir can be complicated. When the choice is between naming someone as a beneficiary of an account or putting the account into a living trust, the trust ...

4. Old money - Wikipedia

   en.wikipedia.org/wiki/Old_money

   Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth". [1] It is a social class of the rich who have been able to maintain their wealth over multiple generations, often referring to perceived members of the de facto aristocracy in societies that historically lack an officially established ...

5. 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 ...

6. Nouveau riche - Wikipedia

   en.wikipedia.org/wiki/Nouveau_riche

   Nouveau riche (French for 'new rich'; French: [nuvo ʁiʃ]), new rich, or new money (in contrast to old money; French: vieux riche [vjø ʁiʃ]) [1] is a social class of the rich whose wealth has been acquired within their own generation, rather than by familial inheritance.

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

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

   The grantor can set up the trust, so the money distributes directly to the beneficiaries free and clear of limitations. The trustee can transfer real estate to the beneficiary by having a new deed ...