Living trust in estate planning


Bhavanash Sharma: For a will, a probate process is needed and that means having to wait until the order is obtained from the courts of law. What a living trust does is it names a trustee who can immediately take care of your end-of-life affairs, like paying for funeral costs and distributing property to heirs

A living trust has its own benefits over a will.

A will becomes a public document upon a person’s death as probate is granted.

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