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Full text of "ERIC ED384168: Exceptional Parent Volume 24

Full text of "ERIC ED384168: Exceptional Parent Volume 24 2025

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The document from the State Bar of California provides an overview of living trusts, explaining their purpose, benefits, and considerations for individuals contemplating estate planning. It addresses common questions about living trusts, including their function in asset management during incapacity and at death, the role of trustees, the necessity of wills alongside trusts, potential disadvantages, and guidance on finding qualified legal assistance. The pamphlet emphasizes that while living trusts can simplify estate management and avoid probate, they may not be suitable for everyone.

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