How does the living trust help a client avoid probate? Explain. (2 points) 2. Once a married couple’s assets are governed by a living trust, describe what can be expected to occur with t
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Get it written →1. How does the living trust help a client avoid probate? Explain. (2 points)
2. Once a married couple’s assets are governed by a living trust, describe what can be expected to occur with the trust assets upon the death of the first spouse. Include in your discussion what happens with the trust assets, the division of assets, and who will have decision-making power over the trust assets. (3 points)
3. Select one type of estate asset, and describe how the trustor transfers such asset to the trustee of the trust. (1 point)
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