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31 May, 20:50

In 1-2 paragraphs, respond to the following prompt:

Explain how a living trust is beneficial to children who lose their parents unexpectedly.

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  1. 1 June, 00:20
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    It allows you to name a guardian for your children. The living trust protects the property from minor children, and instead of leaving property directly to the child, it can be left under the care of a responsible trustee who will manage the assets until the child becomes 18.
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