Property Ownership
An Indiana homeowner who places their home in a revocable living trust transfers ownership to:
AThe state of Indiana
BThe trustee (often themselves as trustee), with beneficial ownership retained, avoiding probate while maintaining control✓ Correct
CTheir children as remaindermen immediately
DThe trust beneficiaries as co-owners
Explanation
A revocable living trust allows homeowners to transfer property to a trust (of which they are typically the trustee and beneficiary during their lifetime), maintaining control while enabling the property to pass to beneficiaries outside of probate.
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