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260-An Introduction to Trusts in the Context of Estate Planning

Radical Personal Finance

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How to Create a Trust

There are different types of trusts that are recognized by the government for certain purposes. Your trust needs to conform to certain statutes and laws that have been enacted. A granteur is the person who actually puts the property into the trust, and thus dictates the terms of the trust. There's actually pretty broad lee way as to how you could write the document. I could put in all kinds of interesting restrictions and rules.

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