A living trust gives you the opportunity to easily transfer bonds, certificates, stocks, bank accounts, and other assets to loved ones after your death. Basically estate planning documents, these enable you to maintain access and control and modify the terms or revoke it in full if required.
Benefits of Living Trusts
- Savings in terms of attorney fees since your estate need not go to the probate court
- In your absence, the beneficiaries will have immediate access to your assets
- Complete control of your assets while you live
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