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In this Two-Minute Tuesday tutorial, the speaker discusses the implications of putting your car or truck into a trust as part of estate planning. This video is the third in a series about funding a revocable living trust, emphasizing that all assets must be titled in the trust to ensure proper funding and to help family members avoid probate. The speaker notes that transferring car titles in Oklahoma is relatively easy but raises concerns due to the litigious nature of society. Specifically, if someone were to get into an accident with a vehicle titled in the trust, it might lead to increased liability and legal action.
