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Creating a legal document that outlines how your assets will be distributed and who will manage your affairs after your passing.
A legal arrangement where assets are managed by a trustee for the benefit of specific individuals or entities.
The process of transferring assets into a trust to ensure they are managed according to the trust’s terms.
A trust set up to own a life insurance policy, helping manage proceeds and potentially reduce estate taxes.
A trust created through a will that only takes effect after the creator’s death, managing assets for beneficiaries.
A trust designed to ensure smooth transfer and management of a business after the owner’s death or incapacity.
