The collective assets comprise the trust fund. The individual or people benefiting within the trust tend to be the beneficiaries. Since a revocable trust retains the property and it would not die, the trust avoids probate, that's the lawful process of distributing property of a will. Show explanation Cost-only https://nonprofittrust02345.dreamyblogs.com/28838919/what-does-estate-planning-bequest-mean