Uncategorized

Trust Under Will Or Agreement

A revocable trust automatically becomes irrevocable when its dealer dies because it is no longer alive and is available to modify or dissolve it. Trust arises at the end of the a posteriori procedure after the death of the person who created it for the good of his children or others. It provides for the distribution of all or part of an estate and often produces the proceeds of a life insurance policy held on the person who founded the trust.. . . .