How Can My Adult Child Handle My Estate More Easily? | NC

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Q: How can I set up a will and trust so my adult child can handle things more easily after I pass away? A: A common approach is to create a revocable living trust, transfer the right assets into that trust during your lifetime, and also sign a pour-over will. The trust can name your adult child as successor trustee, so they can manage trust assets after your death, and possibly during…