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  2. Voluntary employees' beneficiary association - Wikipedia

    en.wikipedia.org/wiki/Voluntary_employees...

    A voluntary employees' beneficiary association (VEBA) is a form of trust fund permitted under United States federal tax law, whose sole purpose must be to provide employee benefits. [1]

  3. CalSTRS - Wikipedia

    en.wikipedia.org/wiki/CalSTRS

    The Teachers' Retirement Fund is a special trust fund established by law that holds the assets of the following programs: Defined Benefit; Defined Benefit Supplement; Cash Balance Benefit; The assets come from contributions by members, employing school districts, investment earnings and appropriations from the State of California's General Fund ...

  4. Crummey trust - Wikipedia

    en.wikipedia.org/wiki/Crummey_trust

    A Crummey trust is also referred to as a Crummey provision or a Crummey power. [3] A Crummey provision can be contained within another type of trust. Some life insurance trusts will have a Crummey provision. [3] A Crummey provision is typically a provision within another trust [citation needed] and ordinarily works as follows. The grantor makes ...

  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. Express trust - Wikipedia

    en.wikipedia.org/wiki/Express_trust

    In trust law, an express trust is a trust created "in express terms, and usually in writing, as distinguished from one inferred by the law from the conduct or dealings of the parties." [ 1 ] Property is transferred by a person (called a trustor, settlor , or grantor) to a transferee (called the trustee ), who holds the property for the benefit ...

  7. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Trusts have certain requirements for creation. First, the grantor must show an intent to create a trust. [80] Concordantly, the grantor must have the mental capacity to form such an intent and to create the trust. [81] Also, if the grantor was "forced" to create the trust due to fraud, duress or undue influence, it is deemed void. [82]

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