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Living Trust Individual Form

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Instructions and help about sc living trust

the most discussed living trust mistake involves failing to transfer your probate assets that are in your name to your living trust during your lifetime it's called funding your trust another living trust mistake involves assuming that transferring assets to your revocable living trust will somehow make it easier to qualify for long-term care Medicaid Eligibility if you enter a nursing home and a third mistake involves naming your living trust as the beneficiary of your traditional IRA or 401K when you don't need to if you have two adult children they're mature you want them to inherit your IRA 5050 just name them directly as 50 50 beneficiaries instead of having your IRA when you pass away route through your trust and then ultimately to your trust beneficiaries doing all of this right can make things so much easier for your survivors

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