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Everything about legal and general protection trust form

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Since the trust is irrevocable, the grantor ought to surrender ownership with the policy. After the insured (grantor) dies, the trustee collects the proceeds and distributes them into the beneficiaries as instructed. Prevalent samples of lawful functions incorporate delivering with the schooling of a youngster, controlling funds for any relative https://howdoesalegaltrustwork19163.blogacep.com/42805555/5-simple-statements-about-legalzoom-trusts-any-good-explained

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