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  2. 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 ...

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

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

    If you want an extra layer of security and peace of mind, you can create a revocable living trust. A trust would have helped Pete’s family avoid probate, protect their privacy, and minimize ...

  4. 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 ...

  5. 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.

  6. 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 ...

  7. Interest on Lawyers' Trust Accounts - Wikipedia

    en.wikipedia.org/wiki/Interest_on_Lawyers'_Trust...

    Attorneys routinely receive client funds (commonly referred to as "trust money") to be held in trust for future use. If the amount is large or the funds are to be held for a long period of time, the attorney customarily places these funds in an interest-bearing account for the benefit of the client. However, in the case of amounts that are ...

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