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Living trusts can act as probate-repellent, but some assets need to be kept out. ... Here are five things to consider as you structure your living trust. Probate explained: Best not go there ...
Living trusts are private, changeable, and efficient. Are they right for you?
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 ...
The list could serve you well as you consider the structure of your living trust. Probate explained: Best not go there Many folks don’t even know what the word “probate” means until it ...
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
Revocable living trusts were often touted and marketed as valuable solely because of their ability to "avoid probate" and the costs and complications that surrounded it. Although probate avoidance is certainly a consideration in the use of a "living trust", there are many other estate planning techniques which also "avoid" probate.
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