A Living Trust Does Not Avoid Probate but It Is

question 74

True/False

A living trust does not avoid probate but it is less expensive, quicker, and private.

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Definitions:

Federal Government

The central government of a federation that has specific powers over national concerns, while sharing other powers with subnational jurisdictions.

Compromise

A solution to a disagreement where all parties involved agree to concessions to reach a mutually acceptable outcome.