The collective assets comprise the trust fund. The individual or people benefiting with the trust will be the beneficiaries. Because a revocable trust holds the belongings and it doesn't die, the trust avoids probate, that's the lawful process of distributing property of the will. Fiduciary requirements or fiduciary obligations https://legacygiftlegacygiving79134.dailyhitblog.com/33849252/5-easy-facts-about-will-described