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The trust is a very useful and flexible tool for estate planning. Yet it is probably the most underused estate management technique. A trust is an artificial being, something like a corporation, created by a document or instrument. A trust requires four basic elements - trustee, trust property, trust document and known or discernible beneficiaries.
Organization | Iowa State University Extension |
Publisher | Iowa State University |
Publication Date | May, 2014 |
Publication Views | 1330 |
Material Type | Written Material |