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2. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   Revocable living trusts were often touted and marketed as valuable solely because of their ability to "avoid probate" and the costs and complications that surrounded it. Although probate avoidance is certainly a consideration in the use of a "living trust", there are many other estate planning techniques which also "avoid" probate.

3. 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 ...

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

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

   He has done the homework for you: Here are five things to consider as you structure your living trust. Probate explained: Best not go there. ... To get a free quote, simply answer a few questions ...

5. 3 Benefits of Using a Living Trust to Pass an Inheritance to ...

   www.aol.com/3-benefits-using-living-trust...

   Image source: Getty Images. 1. You don't have to go through the probate process. When it's time for a will to be executed, it goes through a process called "probate." During probate, a court ...

6. Is a Living Trust Really the Best Way to Pass an Inheritance ...

   www.aol.com/living-trust-really-best-way...

   A living trust is a legal arrangement that allows you to pass on assets to the beneficiaries you designate. You're able to maintain control over a trust and its assets as long as you're alive.

7. Bypass trust - Wikipedia

   en.wikipedia.org/wiki/Bypass_trust

   The transfer of the settlor's assets to the bypass trust for the benefit of the spouse is a tax-free transfer under the currently unlimited Marital Deduction. At the settlor's death, the assets in the bypass trust are not included in the settlor's estate, effectively reducing the total value of the estate and therefore potentially limiting the ...