In the context of a family-owned business, which of the following is a disadvantage of a living trust?
A) The business goes to the designated heirs without going through probate court.
B) Property can be put into the trust while the owner is alive.
C) The ownership still remains with the owner after transferring the title to the trust.
D) The title on real estate and securities must be changed to the name of the trust.
Correct Answer:
Verified
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