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They can also include personal property that may or may not have much value,such as artwork,memorabilia,and electronics steveblisslaw com 43920 Margarita Rd ste f,Temecula,CA 92592 Trust Lawyer There are two sort of certified charitable lead trusts: the charitable lead annuity trust (CLAT),and the charitable lead unitrust (CLUT).
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Likewise,there are gift-tax factors to consider if an existing policy is used for an ILIT dvision.
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The assets are yours to do with whatever you please) but you are no longer the “LEGAL” owner of record

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A trust allows an individual or household to designate somebody else,usually a trusted daughter or son,to transfer property after they pass away without the need for a court order and the long and pricey procedure that is involved in acquiring a court order There is more to estate planning than deciding how to divvy up your assets when you die steveblisslaw com Temecula Probate Lawyer.
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Keep the summary in a secure,central location – along with original copies of important documents – and provide a copy of the summary for the executor of your will.
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Steveblisslaw com Probate Lawyer The first is typically called a Healthcare Power of Attorney or Health Care Proxy and it allows you to specify who will make decisions in your place in case of a medical emergency situation.
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Since an estate account is simply a bank account in the estate’s name,associated costs are similar to those for any other kind of bank account Murrieta Hot Springs The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney Morgan Hill

43920 Margarita Rd ste f,Temecula,CA 92592