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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. ... one easy trick could pay you as much as $ 22,924 ...
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 an arrangement that allows you to pass on assets. You do so by placing assets into the trust that your designated beneficiaries inherit. ... For example: one easy trick could pay ...
Image source: Getty Images. 1. You have a number of beneficiaries. The nice thing about a living trust is that it allows you to maintain control over your assets as long as you're alive.
In other words, it's a trust created by a person during his life (as opposed to a testamentary trust, which is a trust he or she provides for in a will, and which is created only upon death). A living trust, an inter vivos trust, can be either revocable or irrevocable during the life time of the creator (the grantor, settlor, trustor). Some ...
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