What is a living trust?

A living trust is a legal document that allows you to control the distribution of your assets and property after death. Unlike a will which is made public after death, a living trust is private and does not have to go through the probate process in Washington. A living trust is created while you are still alive and is managed by a trustee of your choice. The trust document sets out how your assets will be managed and distributed to your beneficiaries. The trust document may also provide instructions on how your assets should be used if you are unable to manage them yourself due to illness or disability. The trust document can be changed or revoked at any time during your lifetime. After death, your assets will be distributed according to the instructions in the trust. This allows you to avoid costly probate court proceedings, which can take a long time, be expensive, and be tedious.

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What is a living trust?

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