IF I SET UP A TRUST, IS A WILL ALSO REQUIRED?

Yes, a "Pour-Over" will is drafted along with the trust; it acts as a safety net. If you forget to put your assets into the trust, then the will would pick up those assets at the time of your death and transfer them into the trust.

 

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DOES A LIVING TRUST SAVE ESTATE TAXES?

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DOES A BANK OR TRUST COMPANY HAVE TO BE INVOLVED?