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Paul Rabelais, an estate planning attorney, shares a secret to naming your living trust to avoid probate. Setting up a revocable living trust allows assets to be titled in the trust's name, avoiding court involvement. By naming a successor trustee, such as a child, to disperse assets to beneficiaries without legal proceedings, the trust simplifies estate distribution. Selecting a title for the trust is crucial to ensure assets are correctly titled and avoid probate.
