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Is it better to have a will or a trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions The Law Firm of Steven F.Bliss Esq.estate planning lawyer san diego 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 health care power of attorney designates someone you trust to make decisions regarding your health care in the event you are mentally or physically unable to make decisions for yourself steveblisslaw com estate planning attorney A living will goes along with a health care power of attorney,as it can serve as a guide to your agent,or can express your wishes in the event your agent is unavailable at a crucial moment.
What is the most common type of trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions The Law Firm of Steven F.Bliss Esq.estate planning attorney A trust is created when residential or commercial property (realty,financial resources,concrete products) is handled by an individual for another individual’s advantage.
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A living trust is a separate legal entity and has full legal authority on its own and thus can avoid the estate planning system entirely,can manage all of your estate distribution and management desires,can accomplish substantial savings on estate taxes,and can remain totally private so that no one knows your business except those persons that you want to have knowledge of your personal and financial affairs steveblisslaw san diego estate planning attorney ( +18582782800 ).
A Grantor Retained Annuity Trust,or GRAT for brief,is an unique type of irrevocable trust that permits the trust maker/Grantor to gamble versus the odds and,if the trust maker/Grantor plays their cards right,then a considerable amount of wealth can be moved down to the next generation for essentially no estate or gift tax dollars.
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A Grantor Retained Annuity Trust,or GRAT for brief,is an unique type of irrevocable trust that permits the trust maker/Grantor to gamble versus the odds and,if the trust maker/Grantor plays their cards right,then a considerable amount of wealth can be moved down to the next generation for essentially no estate or gift tax dollars steveblisslaw san diego estate planning attorney Does Steve Bliss Law work in Spring Valley? Yes,The Law Firm of Steven F.Bliss in an Estate Planning attorney in Spring Valley.
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Steve Bliss Law estate planning lawyer san diego A revocable living trust is another common type of trust,and is used in estate planning.
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A Living Trust holds title to your assets and has a life of its own Steve Bliss Law estate planning attorney A revocable living trust is created for the purpose of preventing estate planning procedures.
Instructions regarding your desires for burial,cremation,funeral ceremonies,organ donation,etc The Law Firm of Steven F.Bliss Esq.estate planning attorney 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.
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Distribute assets based upon the arrangements in the estate plan The Law Firm of Steven F.Bliss Esq.estate planning attorney (858) 278-2800.
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Beneficiary Assets With Predeceased Beneficiaries or No Beneficiary Designations The Law Firm of Steven F.Bliss Esq.estate planning lawyer A revocable trust instantly ends up being irreversible at your death due to the fact that you’re not available to make modifications to it or revoke it.
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A revocable trust instantly ends up being irreversible at your death due to the fact that you’re not available to make modifications to it or revoke it steveblisslaw com ( +18582782800 ).