What Is a Living Trust and Why Do You Need One?
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What Is a Living Trust and Why Do You Need One?
A living trust is the backbone of your estate plan. Unlike a will, it’s private, doesn’t get filed with the state or county, and helps your family avoid probate. With a living trust, you: • Decide who manages your assets if something happens to you. • Appoint trustees, guardians, and executors. • Maintain flexibility—it’s ...
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