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My mil started to do a living trust to avoid us having to pay huge after death taxes. She did not follow through on this. My fil when he was alive had put his money in cds. The CD's were in his name and one of his heirs plus his wife. When he died she went if with a death certificate and had them take his name off. So now it is her name and one of the heirs. When she dies we just pick up the CD and death certificate and cash it in. No probate no taxes.
FYI
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