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  2. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...

  3. What Exactly Do I Need to Know About Beneficiaries? - AOL

    www.aol.com/exactly-know-beneficiaries-132408610...

    Designating, reviewing and updating beneficiaries are basic tasks of estate planning. Failing to name a beneficiary or naming the wrong beneficiary can create complications, add costs and increase ...

  4. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.

  5. Trust (law) - Wikipedia

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

    Trust property may be any form of specific property, be it real or personal, tangible or intangible. It is often, for example, real estate, shares or cash. Objects. The beneficiaries of the trust must be clearly identified, [17] or at least be ascertainable (Re Hain's Settlement).

  6. What Expenses Are Paid by the Estate vs. Beneficiary? - AOL

    www.aol.com/finance/expenses-paid-estate-vs...

    Certain estate expenses are tax deductible on IRS Form 1041. The executor must file this form for estates that earn over $600 in income or have a nonresident alien as a beneficiary.

  7. What is an irrevocable beneficiary? - AOL

    www.aol.com/finance/irrevocable-beneficiary...

    Typically, in this situation, if a change of beneficiary is desired by the policy owner, the insurance company will only process the change when the spouse also signs the change of beneficiary form.

  8. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...

  9. Inherited IRA rules: 7 things all beneficiaries must know - AOL

    www.aol.com/finance/inherited-ira-rules-7-things...

    Don’t ignore beneficiary forms. An ambiguous, incomplete or missing designated beneficiary form can sink an estate plan. Many people assume they filled out the form correctly at one point.

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