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Suze School: Understanding Trusts

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

The Importance of a Living Revocable Trust

A lot of you have been told you don't need a living revocable trust. If you own a house in joint tenancy with right of survivorship, then that house is governed by what's called intestate succession. There is a succession passage every single state has if you don't have at least a will where you've dictated how your assets or who your assets should pass to.

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