Property Ownership
In Hawaii, a fee simple owner who places property in a living revocable trust:
AA. Loses all rights to the property during their lifetime
BB. Retains control as trustee while facilitating estate planning and avoiding probate✓ Correct
CC. Must get the Hawaii Real Estate Commission's approval
DD. Cannot sell the property while it is in the trust
Explanation
In a revocable living trust, the grantor typically acts as trustee, maintains full control during their life, and the trust avoids probate upon death while providing for succession of property.
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