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New York Trust Form

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Living Trust vs. Will in New York: Which Is Better? We’ll demystify this topic in the following video. I’m nick at Hauseit. Visit our website .hauseit.com to save money when buying or selling real estate here in New York City, so let's get started! Estate planning is an important yet overlooked topic for many existing home owners and first-time buyers in New York particularly in New York City. While the use of the will is the most commonly used way to plan for the distribution of assets upon death, a living trust can also perform the same function while offering additional benefits such as the avoidance of probate. More specifically, the use of a living trust or a living trust in conjunction with a pour-over will can completely eliminate or minimize the time and monetary expenses associated with probate as would be required when exclusively using a will as an estate planning tool. Consequently, a living trust is generally regarded as a great probate avoidance mechanism and

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