Does a Loving Trust avoid a Death Probate?
Yes. A Loving Trust is a complete will substitute. In its most basic form the Loving Trust is techniqually known as an intervivos revocable trust or more commonly, a living trust. Living trusts have been around for hundreds of years; assets placed in a living trust have always avoided the probate process. They were created, in part, to do just that. Using a living trust as a will substitute has certainly come of age. Traditionally, living trusts were only used by nobility. In modern times, they have been used mostly by the wealthy. Today, the successor to the barebones living trust, the Loving Trust is being used, and should be used, by just about everybody. Property placed in a Loving Trust is instantly available for the use and benefit of the trustmaker’s beneficiaries. No matter how vast and diversified your holdings may be, the property drafted Loving Trust can accommodate all of them in avoiding the probate process. Every probate-avoidance technique other than the Loving Trust has
