A living trust is a very important part of most individual’s estate plans. Young couples with children will often employ a joint living trust to provide for their young children and manage assets for the children’s benefit if the parents die prematurely.

A living trust is an excellent way for a couple to hold assets to avoid probate and provide for adult children, grandchildren, charities, etc.

Single individuals find a living trust an excellent way to own property to avoid probate and also, to designate an individual who can manage assets as a trustee if the individual is not physically or mentally able to do so.

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