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But when you died,your living trust didn’t die,it just keeps on going,that is why they call it a living trust.
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Other problems that might arise in your management of your trust include assessing financial institutions’ rights,preparing estate tax returns,being mindful of a recipient’s lenders,marshaling assets and understanding liabilities,reviewing the powers provided the trustee by the trust document,and considering what options you may have,as trustee,at hand The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney Some charities need more participating such as bingo occasions.
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A medical power of attorney is one type of healthcare regulation- that is,a document that set out your long for health care if you are ever too ill or hurt to speak for yourself.
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And with today’s depressed house worths,now is a good time to consider developing a QPRT The Law Firm of Steven F.Bliss Esq.Probate Attorney Who will be the beneficiary or beneficiaries? Who will you appoint as the trustee? Which assets will you transfer into the trust?.
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