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What is a Living Trust?

What is a Living Trust?

A living trust is a legal document which people create while alive to make sure that what they own is secured, if they die or if they become incapacitated. Such fund is quite profitable to the successors because of no need to undertake probate proceedings. That is, it...
How Does a Living Trust Help Avoid Probate?

How Does a Living Trust Help Avoid Probate?

When a person or family create a Living Trust, all assets in their name are re-titled to the Living Trust. At that point, they are not subject to Probate. The assets are administered privately and efficiently by the Successor Trustee who is often one of the family...