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There are several types of trusts. A revocable living trust is created by an individual (the grantor) for the purpose of holding their assets and property and dictating how said assets and property will be distributed upon their death. 4 revocable living trust forms; A certificate of trust legally proves that a trust exists and includes general information to verify.
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A revocable living trust is created by an individual (the grantor) for the purpose of holding their assets and property and dictating how said assets and property will be distributed upon their death. 2 types of living trust forms; After settlor’s death the trustee shall distribute the net income of the trust the. Unlike a will, a trust does not go through the probate process with the court.