An advantage of a(n) _____ trust is that it provides for management continuity and income flow even after the grantor's death and allows assets to bypass probate.

Question

Quizplus · Accepted Answer

A revocable living trust provides management continuity and income flow after the grantor's death, and assets placed in the trust are able to bypass probate. The trust can be revoked or amended at any time during the grantor's lifetime.

An Advantage of A(n) _____ Trust Is That It Provides