What are the main benefits of a living trust vs a last will?

Anyone can write a last will. The drawback is that your family members may have to wait months or even years until your property goes through the courts and is distributed. A living trust can be used to transfer property and assets to beneficiaries without going through the probate process. This can save years of time and thousands in fees. Also, it keeps your estate private, whereas a last will, once probated, will become public record.

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