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2. Estates and Wills: Should You Set Up a Revocable or ... - AOL

   www.aol.com/estates-wills-set-revocable...

   Upon the grantor’s death, a revocable trust becomes irrevocable and cannot be changed by the trustee or any other party. Irrevocable trusts cannot be changed easily by any party, including the ...

3. 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 ...

4. 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 ...

5. 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 ...

6. 3 Reasons to Seriously Consider Using a Living Trust to Pass ...

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   An irrevocable trust cannot generally be changed after it's created. A revocable trust can, however. As long as certain events haven't happened to make the living trust irrevocable -- such as a ...

7. 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 ...