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He has done the homework for you: Here are five things to consider as you structure your living trust. Probate explained: Best not go there Many folks don’t even know what the word “probate ...
One way to avoid this issue is to name the living trust as a beneficiary on the retirement account. Any funds in the account transfer to the trust upon your death and are distributed to other ...
Image source: Getty Images. 1. You don't have to go through the probate process. When it's time for a will to be executed, it goes through a process called "probate." During probate, a court ...
A living trust is a legal setup that allows an individual or couple to specify how their assets should be distributed after they pass away. Also known as a revocable trust, it can be adjusted or ...
Deciding the best way to leave money to a heir can be complicated. When the choice is between naming someone as a beneficiary of an account or putting the account into a living trust, the trust ...
With a living trust, your assets don't need to go through probate. That could spare your loved ones a lot of hassle and delay. 3. You want your family's financial matters to remain private.
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