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How does a revocable living trust avoid probate?

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How does a revocable living trust avoid probate?

Question: How does a revocable living trust avoid probate?

Answer: A revocable living trust avoids probate by taking ownership of the assets out of the name of the decedent and putting them into the name of the trust. A revocable living trust is a contract similar to a life insurance policy or a beneficiary designation of a retirement plan the assets of a revocable living trust transfer to the beneficiaries outside the review of the probate court because the assets are not owned by the decedent individually upon his death.


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