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Trust accts - what to put in them? |
Im wondering what else to put into a trust. The main trust purpose is to avoid probate. For an IRA you can designate a beneficiary to avoid probate. For a car and small bank accounts you can put transfer on death on the titles to avoid probate. If you have numerous beneficiaries then these ideas will not work well - put them in trust too. Basically put everything in the trust that should go to trust beneficiaries and avoid probate - unless the transfer on death designations are used. |
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