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How To Sell A Los Angeles House That Is In A Trust

How To Sell A Los Angeles House That Is In A Trust

A trust is a legal relationship whereby one party, known as a trustor, gives another party, the trustee, the right to hold the title to assets or property for the benefit of a third party, the beneficiary. An example is an inheritance trust in which wealthy parents leave a financial advisor or friend as the trustee of a trust that is stated to pay their children an income or dispense an inheritance without the hassle of probate.

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