Isn't the purpose of a trust to avoid the probate court when the first trustee dies?
Answer
There are many reasons for a trust. Avoiding the probate court is just one of them.
Answer
Four main reasons to creating a Trust.
#1 To Avoid Probate
#2 Reduce Federal Estate Taxes
#3 Long Term Distribution of Assets
#4 Control of Assets when Grantor is Incapacitated
Answer
However, if you have r/e property, it will need to be probated.
Answer
Most trusts are set up in order to avoid probate when the Grantor/Settlor/maker dies. That person is usually the trustee, but the death of a trustee has no bearing on probate.
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