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What is the benefit(s) of a living trust? Select one: a.     Keeps assets in the trust out...

What is the benefit(s) of a living trust?

Select one:

a.     Keeps assets in the trust out of the gross estate.

b.    Maintains privacy for the beneficiaries.

c.     Both keeps assets in the trust out of the probate estate and maintains privacy for the beneficiaries.

d.    Keeps assets in the trust out of the probate estate.

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Answer #1

Living trust has the following five top benifits such as :-

Living trust avoids probate

Living trust may save some money

Living trust protects privancy

Living Trust Assists in the Event of Incapacitation

It Provides Certainty and Peace of Mind.

So answer is Option c) Both keeps assets in the trust out of the probate estate and maintains privacy for the beneficiaries.

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