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In this video, the speaker discusses the importance of funding a revocable living trust. A revocable living trust is highlighted as an essential estate planning tool, particularly for real estate investors, as it helps avoid probate and ensures assets pass to beneficiaries as intended. The speaker emphasizes that simply setting up a trust isn’t enough; it must be properly funded with assets. Many individuals fail to transfer their assets into the trust, which undermines its purpose. For those who are unfamiliar with the concept, it’s recommended to watch the related video on setting up a living trust for a comprehensive understanding.