Avoiding Probate
An alternative to having your estate go the probate process via the court system is the use of a revocable trust. Also known as a "living trust" or "inter vivos trust", this form of estate planning, if properly set up, can eliminate the need for probate.
A revocable trust serves as a will substitute by specifying the terms of asset distribution upon your death. Additionally, a trustee can manage your assets during your lifetime if you become unable to do so, functioning similarly to a power of attorney.
A trust may or may not be suitable for your situation. We can provide additional information and answer any questions might have about this form of estate planning.
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