Because a lot of people have not been educated in an individual passing on wealth, though, they believe their living trust just goes into effect upon their passing at age 50. This is not, necessarily, true. The Trustors, those setting over the Trust, should take period to identify and transfer into the Trust no matter what plan in order to to their heirs. This avoids confusion, and even agony. 1 can be well provided for, only If ever the assets also been properly handled properly.
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