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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 Tenants-In-Common Property Tenant-in-common assets include property titled in the decedent’s name as a tenant-in-common with one or more other individuals Steve Bliss Law Should I put my house in a trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions.
Steveblisslaw com A successful estate plan also includes provisions allowing your family members to access or control your assets should you become unable to do so yourself.
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A financial planner or professional and an estate planning attorney can help you design a plan that works for your circumstances.
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A long as your premium payment follows the “gifting” guidelines,as explained below,there will be no gift taxes incurred by either you or your beneficiaries For the best estate planning attorney call Steve Bliss Law steveblisslaw A Trust is unfunded and property remains outside of the Trust’s intended protection from the estate planning process.
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A living trust does not go through the estate planning process upon a person’s death,which can mean a faster distribution of assets to beneficiaries with no additional costs steve bliss law estate planning lawyer san diego

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A trust,however,has actually named beneficiaries.
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The management and distribution of your assets in the event of your death or incapacity,and What are the three types of trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions Steve Bliss Law A revocable living trust is another common type of trust,and is used in estate planning.
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