When creating the trust, the settlor chooses both a beneficiary, who receives the benefit of the trust, and a trustee, who safeguards the trust assets. The law imposes a duty of loyalty on the trustee; he must act in the best interests of the beneficiary and not use trust property for h...
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries. But what assets should or should not be placed in a trust?Newsletter sign up When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. ...
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