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

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

    However, a revocable trust can provide language to create sub-trusts upon the death of a grantor (e.g. credit shelter or other irrevocable trusts) that can preserve or reduce future estate tax ...

  3. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    If a revocable living trust is used as a part of an estate plan, the key to probate avoidance is ensuring that the living trust is "funded" during the lifetime of the person establishing the trust. After executing a trust agreement, the settlor should ensure that all assets are properly re-registered in the name of the living trust.

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    A trust generally involves three "persons" in its creation and administration: (A) a settlor or grantor who creates the trust; [11] (B) a trustee who administers and manages the trust and its assets; and (C) a beneficiary who receives the benefit of the administered property in the trust. In many instances where a revocable living trust is ...

  5. 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 ]

  6. Joint Revocable Trust: Estate Planning - AOL

    www.aol.com/finance/joint-revocable-trust-estate...

    Establishing a joint revocable trust can be an ideal estate planning tool for the benefit of your children, your grandchildren and beyond. ... It's 100% free and you can unsubscribe at any time ...

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

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

    Here's how you can save yourself as much as $820 annually in minutes (it's 100% free) Five items to leave out of a revocable living trust. ... A trust can turn non-taxed accounts into taxable ones ...

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