Last month’s column covered some of the important points to consider in setting up a living trust. This month we’ll look at a major consideration in favor of setting up a living trust in certain cases. Persons who are married usually hold joint title to their assets as spouses. If one spouse dies, the joint assets pass to the surviving spouse without a need for probate. In the case of persons who are unmarried or whose spouse is deceased, the estate will usually require probate. However, this can be avoided by setting up a living trust. In the case of …