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In this video, estate planning attorney Paul Rabelais discusses an often overlooked aspect of setting up a revocable living trust: naming or titling the trust. He explains that many people establish living trusts to ensure their assets are transferred to beneficiaries without the need for court-supervised probate or succession proceedings after their death. By designating a successor trustee—often a child or adult children—assets within the trust can be dispersed directly to beneficiaries without attorney involvement. Rabelais emphasizes the importance of properly naming the trust to facilitate this process and ensure smooth management of assets that might otherwise require probate.
