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Highlight Text Revocable Living Trust

Highlight Text Revocable Living Trust

Aug 6th, 2022

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How to Highlight Text Revocable Living Trust

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Paul Rabelais, an estate planning attorney, discusses the importance of properly naming your living trust in this video. He explains that many people establish revocable living trusts to ensure their assets are managed according to their wishes upon death, avoiding the complications of probate or succession proceedings that involve court and attorney oversight. When creating a living trust, it's crucial to assign a successor trustee—often a child or adult children—who can distribute assets to beneficiaries without legal intervention after the trust creator's passing. The title of the trust and the assets included are essential elements in this process.

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