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Trusts And Estates
from: Wikipedia
The law of trusts and estates is generally considered the body of law which governs
the management of personal affairs and the disposition of property of an individual
in anticipation and the event of such person's incapacity or death, also known as the law of successions in civil law systems. Its techniques are also used to fulfil the wishes of
philanthropic bequests or gifts through the creation, maintenance and supervison of charitable trusts. In some jurisdictions, such as the United States, it overlaps with the area that has
been come to be known as elder law that
deals not only with estate planning but other issues that face the elderly, such as home care, long term care insurance or social
security or disability benefits.
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This article was posted on January 5, 2005
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