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A basic living trust may cost under $1,500,while a trust with numerous assets or a complex,multigenerational trust may cost far more Steve Bliss Law estate planning attorney 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.
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A last will can also deal with the care of any minor children (or adult children with disabilities) steveblisslaw san diego estate planning lawyer ( +18582782800 ).
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 steve bliss law estate planning lawyer san diego A trust administration is NOT a court-supervised process yet its ultimate goal is also the transfer of property from an individual who has died (the decedent) to that individuals beneficiaries who are identified in his/her revocable 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.
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