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Trusts

All Trusts Articles

Asset Protection Trust

An asset protection trust is a contract between the person protecting his or her assets (grantor) and the person designated to manage these assets (...

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Charitable Trust

Grantors, or persons who wish to establish a trust, typically use charitable trusts when their desire is to make a large charitable gift, or to tran...

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Choosing Trust Executor & Beneficiaries

Every person should create a will during their lifetime because it will make it easier for the heirs to distribute the deceased’s property and plan...

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Constructive Trust

A constructive trust is established when a person takes title to property that rightfully belongs to another person; that person has a duty to trans...

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Creating a Trust

Creating a trust is not as important as creating a will during a person’s lifetime but it can be helpful for a variety of reasons including privac...

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Express Trust

Express trusts are created by a settlor, or the person making the trust, taking some intentional action to do so.  In most cases, an express trust...

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Implied Trust

Implied trusts are created by operation of law, or without any sort of intentional act by the settlor, or the person establishing the trust.  A com...

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Inter Vivos Trust

An inter vivos trust is also commonly referred to as a living trust.  This type of trust begins during the life of the grantor, or the person who i...

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Irrevocable Trust

A grantor, or the person who wishes to establish a trust, creates an irrevocable trust when he or she executes a trust document that is permanent in...

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Life Insurance Trust

A life insurance trust is often times a good way to avoid some of the estate tax owed once a person dies.  Setting up an irrevocable life insurance...

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Modifying or Terminating a Trust

A trust is created when ownership, of certain assets, is transferred to a trustee. The trustee is in place to manage the assets for the beneficiary ...

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Offshore Assets

Because malpractice and liability insurance costs are so high -- and lawsuits so common -- some people (lawyers, doctors, architects, entrepreneurs,...

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Real Estate Investment Trust

Real estate investment trusts, also referred to as “REITS”, are entities that invest in different types of real estate.  Typically, REITS inve...

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Resulting Trust

A resulting trust is created by operation of law, usually when an express trust fails.  For instance, if a settler, or the person who creates a tru...

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Revocable Living Trust

A revocable living trust is a common method of avoiding the probate of one’s assets after death.  By transferring assets to a trust, a grantor, ...

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Special Needs Trust

A special needs trust permits a grantor, or the person establishing and funding the trust, to provide for the needs of a disabled person without hav...

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Spendthrift Trust

A spendthrift trust is specifically designed to benefit one or more beneficiaries, while at the same time protecting the trust’s assets, and/or th...

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Totten Trust

A Totten trust, which is also commonly referred to as a “Payable on Death” account, is a type of trust where money or assets are held in a bank ...

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Types of Trusts

A trust is a legal arrangement where property is managed by an appointed person for another person. The trust is created by a settlor, who then entr...

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Wills Trusts Overview

Wills and Trust Attorneys, Lawyers and Law Firms help people create and revise:

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