The property that is transferred to a trust becomes the trust estate. A trust estate consists of all of the property, rights and obligations that are transferred to the trust. The trust estate is managed in accordance with the terms and conditions of the document creating the trust.
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All content is for informational purposes only. It is also only intended to relate to Mississippi Estate Planning Law. If other states are mentioned, they are mentioned as an example only. No legal advice is provided in this content. Laws change so you need to check for any updates by current laws in Mississippi.
