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Uncategorized WHAT IS A LIVING TRUST? WHAT ARE THE ADVANTAGES?   A “Living Trust” is a written contract with 3 parties: “Trustors”, “Trustees” and “Beneficiaries.” The Trustors place certain property in the Trust (known as “Trust Estate” or “Trust Corpus.”) The Trustees are the LEGAL OWNERS of the Trust Estate and the named Beneficiaries are the BENEFICIAL OWNERS of the Trust Estate.  Often the Trustors […]
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