Sunday, May 20, 2012
   
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How does a living trust avoid probate and prevent court control of assets at incapacity?

When you set up a living trust, you transfer assets from your name to the name of your trust, which you control. For example, from "Bob and Betty Brown" to the "Bob and Betty Brown Trust." Legally because ownership is in a trust there is nothing for the courts to control when you die or become incapacitated. The concept is very simple, but this is what keeps you and your family out of the courts.

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