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Trust Basics
There are many kinds of trusts, which can be used for many different purposes. Put very simply, a trust is an interest in property. More particularly, a trust is an equitable or beneficial right or title to property, real or personal, held for the beneficiary (equitable owner) by another person (legal owner).
Advanced Care Planning
I appointed my spouse/daughter/friend to be my power of attorney. That will allow them to make my medical decisions for me if I become incapable, right?
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