Answer: Trust
Step-by-step explanation:
The trust is the type of legal document that are drawn up before the person's death. The actual owner of the trust may put any type of resources in given trust while the owner is alive.
They can also utilize the trust for dictating that the various types of benefits that are handle before and also after the death of the owner. The owner name of the trust is the successor trustee to regulate that trust after the owner passing.