Property Ownership
Which type of ownership of real property in Alaska allows for the most flexibility in estate planning and avoidance of probate?
ATenancy in common
BJoint tenancy
COwnership in a revocable living trust✓ Correct
DCommunity property
Explanation
Holding property in a revocable living trust allows the trust's assets (including real property) to pass to beneficiaries upon the trustor's death without going through probate. The trustor retains control of the property during their lifetime and can amend or revoke the trust.
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