DOES A LIVING TRUST AVOID PROBATE IN NY?

Yes, one of the biggest advantages of a living trust is that it does not have to go through probate, as does a will. However, there are other estate planning devices which avoid probate, such as a joint tenancy, life insurance, in-trust-for bank account (also known as a Totten Trust), and individual retirement, pension or Keogh accounts.

If you or a family member need assistance with living trusts call me at (716) 542-5444.

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