Should I Avoid Probate with a Living Trust?

Many people choose to avoid the expensive and time-consuming process of probate by using a living trust. A trust can state who receives your property after death and how it should be managed. However, not all property may be transferred to a trust and the probate process will only be completely avoided by using a trust if you own no property at all at the time of your death. There are a few other tactics you can use to avoid probate or minimize the value of the property involved in a probate case, so be sure to check with your lawyer about other options.

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