In this video I discuss the circumstances surrounding when someone, or a couple, creates a living trust to avoid the attorney and court-involved probate process at death, but then when they pass away, a probate is still required.With a living trust based estate plan, the concept is create your living trust instrument which dictates who inherits from you, then transfer your assets from your name to your trust, and then when you pass away, those assets can be transferred out of your trust to your beneficiaries without the expense and delays of probate.

Share in the comment section below if you had an experience when a spouse, parent, or grandparent passed away with a living trust. Let me and the viewers know whether that living trust enabled the family to completely avoid probate, or whether there was some issue involved in the estate settlement.

Chapters:
0:00 Wills versus Living Trusts
1:12 When Probate Necessary
1:35 Comment Below
2:11 Reasons Requiring Probate
2:45 Probate Can Be Simpler
3:53 Share Your Experience by Commenting
4:46 My Situation

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