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K1 from a trust Secrets

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Because the trust is irrevocable, the grantor need to hand over possession in the plan. Once the insured (grantor) dies, the trustee collects the proceeds and distributes them on the beneficiaries as instructed. A living trust is revocable, to help you improve or revoke it during your lifetime. When you https://trustorestateplanning71368.blogpixi.com/37584732/legalzoom-start-a-trust-fundamentals-explained

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