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In this video, estate planning attorney Paul Rabelais discusses the importance of properly naming or titling a revocable living trust. He explains that many individuals create living trusts to ensure their assets are titled correctly, thereby avoiding the need for court-supervised probate or succession proceedings upon their death. By doing so, assets within the trust can be distributed directly to beneficiaries by a designated successor trustee—typically a child or children—without requiring attorney or court involvement. Rabelais emphasizes the necessity of appropriately naming the trust and the assets to prevent complications during this process.
