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Living Trust<br>Related Legal Information  

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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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Problems solved by estate planning  

Problems Solved by Estate Planning
A living trust can solve many of the problems encountered in estate planning. Some ...

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Try to avoid probate with Living Trust  

Try to Avoid Probate with Living Trust
First of all, what is probate? We've heard various things about probate and we pretty ...

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The AB living trust saves taxes  

The AB Living Trust Saves Taxes
Some people must consider federal estate tax when planning their finances. Estate tax ...

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