What is an alternative to a living trust?

Name: What is an alternative to a living trust?
Brand: Quizplus
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Quizplus · Accepted Answer

A will and joint tenancy with right of survivorship ownership are alternatives to a living trust. A will allows you to specify how your assets should be distributed after your death, and joint tenancy with right of survivorship automatically transfers ownership of property to the surviving owner(s) upon one's death, bypassing probate, similar to how a living trust can avoid probate.

What Is an Alternative to a Living Trust