One of the most important inheritance planning tools people can create is the revocable living trust. Through this type of trust, you can take what would normally be probate assets and turn them into non-probate assets. In other words, with a revocable living trust you can make most, and potentially all, of your inheritance choices outside of the probate process. It’s only those assets that do not otherwise transfer outside of probate, or those you forget to transfer into the trust’s name, that will have to be probated.
Topics covered in this report include:
- Testamentary Gifts
- Transfer-on-Death Assets
- Non-Probate Transfers
- Creating, Changing, and Updating Your Plan
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