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What Type of Property Should be Included in a Living Trust?

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What Type of Property Should be Included in a Living Trust?

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In order to take advantage of the benefits of a living trust, you must transfer property into the trust. The person who transfers property into a trust is called a “grantor.” In general, your most valuable property should be placed in your trust. This may include: your house; other real estate; business interests, including stocks, bonds and mutual funds; money market accounts; brokerage accounts; royalty contracts, patents and copyrights; jewelry and antiques; precious metals; works of art; and valuable collections.

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