What is the primary purpose of a revocable living trust in estate planning?

What is the primary purpose of a revocable living trust in estate planning?

• A. To manage assets during the grantor’s life and transfer them to beneficiaries after death, while avoiding probate and maintaining flexibility since the trust is revocable.
• B. To irrevocably transfer assets at creation and avoid probate forever.
• C. To replace a will and guarantee probate avoidance for all assets.
• D. To provide a tax deduction for charitable gifts.

Answer: (A)