Trust imposed when intentions of parties imply a trust exists.
Trust that can be amended or revoked during the grantorÂ’s lifetime.
Person establishing a trust (interchangeable with grantor).
Guiding principles behind trust interpretation.
Provision preventing beneficiaries from assigning or misusing trust assets.
Replacement for a trustee, executor, or guardian.
Provides additional care beyond government benefits.
Funded with assets belonging to someone other than the beneficiary.
Bank account with a payable-on-death beneficiary.
Legal arrangement where a trustee manages assets for beneficiaries.
