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Beyond simplifying estate planning, it can make "settling the estate much quicker. Every state I have lived in has different probate laws. It can easily take over a year before a house can be sold in Tennessee after the owner's death. Actions/choices have consequences. In Tennessee, if an unpaid debt comes up say 6 months post death and after the estate has been liquidated & distributed, the Trustees likely will have to pay the debt - out of their own pockets since they can't use funds from selling the house.
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