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Trusts are great for Estate Planning

Updated: Feb 28, 2021

Trusts are a terrific estate planning tool because:


1. No estate administration tax: the 1.5% probate fee may not apply to trust assets


2. Continuity: the trustees may continue the administration and distribution of assets without interruption or court application


3. Incapacity: alternate trustees can seamlessly step in to help administer trust assets if and when a trustee experiences incapacity



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