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In this video, estate planning attorney Paul Rabelais discusses an essential aspect of creating a living trust—naming or titling it. He explains that many individuals set up revocable living trusts to ensure their assets bypass the probate process after death, allowing them to avoid court and attorney involvement. By designating a successor trustee, usually a family member, individuals can ensure that assets are distributed to beneficiaries without legal complications. Rabelais emphasizes that each trust must have a designated name or title to effectively manage and transfer ownership of the assets intended to avoid probate.