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Articles on this site may include embedded content (e The living trust would then be transferred to your designated trustee who would provide for your care utilizing the funds in the trust The Law Firm of Steven F.Bliss Esq.Today,nevertheless,the family ton of money may not make its method down to the future generation,or the generation after that.
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In such a situation,the funds in a joint account would then transfer over to your child,who can then distribute the funds according to your wishes without having to go through probate.