A trust is a document that gives a person authority to hold certain property or monies for the benefit of others. The trust is created by the settlor entrust the property with the trustee.

Although only Florida, Indiana, North Dakota, Virginia, Hawaii and Illinois are the only states with land trust statutes, they may still be utilized in any state.

This article provides you with basic information on Living Trusts and the importance of having one.

A proxy is a legal document in which a person (founder / principal) appoints another person or organization acting as an agent on their behalf. Grantor delegates authority to the agent to perform certain actions or functions on its behalf. The person or organization you appoint is called your "attorney-in-fact" or "agent". Legal and proxy has a close relationship. When testator creates a will, that really need someone to enforce his will according to your wishes. So does executor of the same way as an agent of the job force.

English law recognizes many different capacities in which a man may act.

A guide to the preparation of a Will.