1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
geniusboy [140]
3 years ago
9

Jack is married to Francine and has two children. He and Francine created a revocable living trust on the advice of their attorn

ey to reduce probate costs. They want to know how they can make sure that all property, probate and non-probate, make it into the trust after they die. What do you recommend they do?
English
1 answer:
Salsk061 [2.6K]3 years ago
6 0

Answer:

Create a pour-over will and transfer all newly acquired assets into your revocable living trust imediately.

Explanation:

One thing to do is to create a "pour-over" will at the same time you create and fund your trust.

A pour-over will can direct that any assets you own outside the trust should move into the trust at the time of your death to be administered to your trust's beneficiaries under the terms of your trust agreement.

But any property left outside your trust will still require probate, even if your pour-over will send the property into your trust at your death. You owned it at the time you died, so probate will be required to transfer the assets to someonethat is still "living." Your best option is to make it a point to transfer all newly acquired assets into your revocable living trust immediately.

You might be interested in
Read the quote from "My Heart Is Bursting."
Natali [406]
The tone is basically to me dark and sad
4 0
3 years ago
Read 2 more answers
WILL GIVE 20 BRAINLYEST POINTS A P 3 Xwhich sentence best explains how the use of parallelism in the excerpt supports baldwins p
stira [4]

Answer:

A

Explanation:

You didn't provide the excerpt but if it's the one I found online, I think A would make the most sense as the passage is primairly based around his own actions. If not A, then D would be second choice I think.

5 0
3 years ago
Read 2 more answers
Write an article on the pros and cons of car as a means of transportation ​
NISA [10]

Not a complete article, but:

Pros: You get places faster, more efficiently

Cons: Pollution, car crashes

6 0
2 years ago
Fusion means "to divide." true false
galina1969 [7]
Fusion is the process and result of joining two things together to form one, so the answer is false.
6 0
2 years ago
Read 2 more answers
The jazz age included all of the following except
kykrilka [37]

Answer:

The Henry Halstead Orchestra

Explanation:

The Henry Halstead Orchestra

5 0
3 years ago
Other questions:
  • The presentation illustrates the problem.<br> What type of sentence is this?
    9·1 answer
  • In Sara sees red how does the mountain trail seem different to Sara when she sees the injured woman than it had seemed to her in
    14·1 answer
  • What is the meaning of the underlined term? Internet search engine computer with internet access internet support technician out
    10·2 answers
  • Which phrases from Martin Luther King Jr.’s "I Have a Dream” speech contain strong emotional connotations? Check all that apply.
    14·2 answers
  • What is a metephor.
    12·1 answer
  • What impression do you form of Anne Frank's character from the extract "From the Diary of Anne Frank".
    15·1 answer
  • NEED HELP ASAP!!!!!!
    5·1 answer
  • One effect of the Neolithic Revolution was that:
    5·2 answers
  • in 75 words, discuss how the popularity of such works as benjamin franklins poor richards almanach and the way to wealth represe
    8·1 answer
  • How Is The Trail Of Tears Connected To Manifest Destiny?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!