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What is the difference between a Will and a Living Trust? Core.
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My law practice is concentrated in the areas of Wills,Living Trusts and Estate Planning; assisting clients in Probate and Trust Administration matters; assisting clients with Chapter 7 and 13 Bankruptcy cases; and assisting my clients with the Firmation and management of Partnerships,LLC’s and Corporations The Estate Planning Attorney That Fights for Your Rights steveblisslaw com Estate Planning Lawyer.
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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 Come visit us at our Probate Law offices The Law Firm of Steven F.Bliss Esq.Nevertheless,there may be times when your circumstances are a bit more complicated.
When all named beneficiaries of an account or policy predecease the decedent,the asset typically diverts to his estate and becomes part of his probate estate.
Once you’ve passed away,your Trustee will manage distribution of the policy’s profits,according to the instructions you’ve provided Tijuana River Valley.