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WHAT IS A LIVING TRUST? 

You may have heard of “Living Trusts” or “Revocable Trusts” as a means to avoid probate at death. But what are they? How do they work? What is the difference between a Living Trust and a Living Will? Before we answer these questions, let’s start with a more basic question -- What is a Trust? What is a Trust? Merriam-Webster defines “trust” as a property interest held by one...
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