Person who inherits property after the life estate ends.

Trust imposed when intentions of parties imply a trust exists.

Trust that can be amended or revoked during the grantor’s lifetime.

Person establishing a trust (interchangeable with grantor).

Guiding principles behind trust interpretation.

Provision preventing beneficiaries from assigning or misusing trust assets.

Provides additional care beyond government benefits.

Funded with assets belonging to someone other than the beneficiary.

Legal arrangement where a trustee manages assets for beneficiaries.

Moving trust assets into a new trust for improved management.

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