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The attorney recommended using probate instead.
Orman was quick to defend living revocable trusts in her response to the caller.
There is no downside of having a living revocable trust.
There are many, many upsides to it, she said.
Who cares about the real estate?
I care about whos going to manage your money.
Whos making those decisions?
Who is going to write your checks for you?
Ormans support for living revocable trusts is well documented.
In contrast, in probate, your will and assets are usually available to the public.
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