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  2. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    A trust that cannot be modified or dissolved without the consent of the beneficiary. The grantor effectively relinquishes all rights to any assets put into the trust. Assets are removed from the grantor's taxable estate. The grantor is also relieved of any tax liability from income generated by assets that are placed into the trust.

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

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

    A trust can turn non-taxed accounts into taxable ones. However, you can make the trust itself the beneficiary, so that these accounts pass directly to your trustees without an IRS agent crashing ...

  4. How Do I Get a Certificate of Trust? - AOL

    www.aol.com/certificate-trust-140059147.html

    The bank, brokerage, escrow company or other financial institution likely has a trust certificate form you can fill out and use. An estate lawyer or other attorney can help draft a certificate of ...

  5. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    Asset-protection trust: The concept of an asset-protection trust encompasses any form of trust that provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts may be proscribed or limited in their effect by ...

  6. Asset-protection trust - Wikipedia

    en.wikipedia.org/wiki/Asset-protection_trust

    In trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and ...

  7. How Can I Shield My Assets from Assisted Living Expenses? - AOL

    www.aol.com/revocable-trust-protect-assets...

    A revocable trust doesn’t protect assets from a nursing home because it gives the grantor ownership of the assets. Instead, an irrevocable trust (specifically in the form of a MAPT) can protect ...

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