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I'm using a revocable living trust to avoid having my assets pass through probate court. One less hassle for the heirs.



OK - here's our exact situation: We are married and living in California (a community property state). If one of us dies, of course we want the other one to get everything we have. But we have always kept our finances separate. Vanguard has all of our intangible assets, but in separate, individual accounts with each other as beneficiary.

Since we are in a community property state, and the surviving one of us would get everything anyway, is there any need to have a trust?

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