I have found several excellent external sources.
-
Consumer Financial Protection Bureau (CFPB): Provides a clear definition and purpose of revocable living trusts, including avoiding probate and managing assets during incapacity.21, 22
- URL:
https://www.consumerfinance.gov/ask-cfpb/what-is-a-revocable-living-trust-en-1950/
(This seems like a good, stable government source).
- URL:
-
IRS: Clarifies tax implications (no income tax impact, included in estate for estate tax purposes).18, 19, 20
- URL:
https://www.irs.gov/pub/irs-tege/eo_primer.pdf
(This is a PDF, I should try to find a direct IRS webpage. Looking again). - Found a better IRS link:
https://www.irs.gov/pub/irs-pdf/i1041.pdf
(Instructions for Form 1041, mentions revocable living trusts as grantor trusts, confirms tax treatment).17 - Also, an article from Planned Giving Marketing Trusted Authority references IRS rules, but I prefer a direct IRS or government site.16
- URL:
-
History of Trusts: I found a good overview of the history of trusts from Pierce Legal Group.15 Another source from Monash University discusses "Policy Over Doctrine: A Brief History of US Trust Law"13, 14 and Wikipedia also has a good overview of US trust law. I will pick one that is stable and readable. Pierce Legal Group12 provides a good narrative.
- URL:
https://www.piercelegalgroup.com/the-history-of-trusts/
- URL:
-
Federal Trade Commission (FTC): I found a consumer alert from the FTC warning about deceptive practices related to living trusts. This is a good source for limitations/criticisms.10, 11
- URL:
https://www.ftc.gov/news-events/news/press-releases/1997/01/ftc-case-targets-deceptive-selling-living-trusts
(This one is from 1997, but still relevant regarding warnings about living trust sales. I'll use this for the limitations section).
- URL:
Okay, I have 4 good external links from different domains:
https://www.consumerfinance.gov/ask-cfpb/what-is-a-revocable-living-trust-en-1950/
(CFPB)https://www.irs.gov/pub/irs-pdf/i1041.pdf
(IRS - Form 1041 Instructions)https://www.piercelegalgroup.com/the-history-of-trusts/
(Pierce Legal Group - History)https://www.ftc.gov/news-events/news/press-releases/1997/01/ftc-case-targets-deceptive-selling-living-trusts
(FTC - Deceptive Sales)
Now to build the internal link pool (15 unique terms related to finance and estate planning).
LINK_POOL (Internal Links - 15 unique):
- estate planning
- beneficiary
- grantor
- trustee
- probate
- will
- asset protection
- successor trustee
- power of attorney
- testamentary trust
- guardianship
- deed
- capital gains
- tax implications
- fiduciary duty
- irrevocable living trust (for RELATED_TERM)
I need to make sure I use exactly 15 internal links and each only once. I also need to make sure the RELATED_TERM link is used.
The RELATED_TERM is "Irrevocable living trust".
Now I can start writing the article, making sure to embed these links naturally and adhere to all formatting and content requirements. I will double check the use of links to ensure they are unique and correct.
The sections that must have [TERM] mentioned are H1, intro, and at least 3 other sections.
I will make sure to mention "Revocable living trust" in:
- H1: What Is Revocable Living Trust? (No, H1 is just "Revocable Living Trust") - Wait, the instruction says "DO NOT write this title: [TERM]: Definition, Formula, Example, and FAQs". So the H1 should be just
## What Is Revocable Living Trust?
- Introduction
- History and Origin
- Practical Applications
- Limitations and Criticisms
- Revocable Living Trust vs. Irrevocable Living Trust
- FAQs