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2. 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 ...

3. Estate planning - Wikipedia

   en.wikipedia.org/wiki/Estate_planning

   Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift, estate, and generation-skipping ...

4. Joint wills and mutual wills - Wikipedia

   en.wikipedia.org/wiki/Joint_wills_and_mutual_wills

   In Olins v Walters [2009] 2 WLR 1 C.A. [6] the Court of Appeal has held that although it is a necessary condition for mutual wills that there is clear and satisfactory evidence of a contract between the testators, it is a legally sufficient condition that the contract provides, in return for one testator agreeing to make a will in a particular ...

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

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

   A revocable living trust is a legal document stating your intentions ... an irrevocable trust (specifically in the form of a MAPT) can protect your wealth from nursing homes and clear the way for ...

6. Can I Change the Trustee on a Revocable Trust? - AOL

   www.aol.com/finance/change-trustee-revocable...

   A revocable trust, often referred to as a living trust, is a legal entity that holds assets during a person’s lifetime. It carries the advantage of being alterable or revocable at any given time.

7. 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 ...