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Who Needs a Living Trust?

By: Sonja Panajotovic Estate Planning Views: 2519 | Comments: 1 | Votes: 1

Sonja Panajotovic

Any California resident with an estate of $100,000 or more can benefit from having a living trust. The Trustee simply distributes assets to the named beneficiaries as long as those assets have actually been placed inside the trust. However, the fact that the assets are now in a trust has no practical affect on ones rights to, or interest in, his or her assets. More