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  2. I Live in California. Do I want a Living Trust Or Will ... - AOL

    www.aol.com/finance/live-california-want-living...

    The post Living Trust vs. Will in California: Differences and How to Choose appeared. Today’s choices shape the future for children, great-grandchildren and future descendants. For Californians ...

  3. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Virtually all trusts are made in written form, either through an inter vivos or "living trust" instrument (created while the settlor is living) or in a will (which creates a testamentary trust). Therefore, in understanding certain terms in a trust, general rules of construction regarding interpretation of wills or other testamentary documents ...

  4. 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.

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

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

    A living trust is a legal setup that allows an individual or couple to specify how their assets should be distributed after they pass away. Also known as a revocable trust, it can be adjusted or ...

  7. 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 ...

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