The collective assets comprise the trust fund. The person or people today benefiting through the trust tend to be the beneficiaries. Because a revocable trust holds the property and it doesn't die, the trust avoids probate, and that is the authorized process of distributing property of a will. Exhibit https://estate-planning-bequest81245.worldblogged.com/34255621/a-secret-weapon-for-revocable-trust