Living trust - Estate Planning - Revocable living trust - Void Probate - living trust documents - Legal forms
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New York Living trust - DOES A LIVING TRUST AVOID PROBATE.
Perhaps the biggest advantage of a Living Trust is that it does not have to go through Probate, as does a will. However, there are other estates planning devices, which avoid Probate, such as a joint tenancy, a life insurance policy, and in-trust-for bank account (also known as a Totten Trust), and individual retirement, pension or Keogh accounts.
In addition, Living Trust salespeople often overstate the cost of Probate and the length of time it takes to Probate a simple will.
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Return to all Living Trust legal information
Legal Articles about Living Trust
Living Trust Frequently Asked Questions
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