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A letter of intent is simply a document left to your executor or a beneficiary It will help you protect the benefits of a beneficiary who is on government aid Escondido Estate Planning Law Why is it important to keep your estate planning up to date as your life changes? Discussing your estate plan with an estate planning attorney is crucial when you have significant life changes.Discuss your estate needs with estate planning attorney Steve Bliss.
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A pooled trust is a type of special requirements trust that is handled by nonprofit companies A financial power of attorney authorizes someone you trust to act on your behalf in financial matters Escondido Estate Planning Law What are the disadvantages of a trust? Steve Bliss with the Escondido Probate Law answers estate planning questions.
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A Personal Residence Trusts,or QPRT for short,is a special type of irreversible trust that is designed to eliminate the value of your main residence or a second house from your taxable estate at a minimized rate for federal gift tax and estate tax purposes A trust is created when residential or commercial property (realty,financial resources,concrete products) is handled by an individual for another individual’s advantage Escondido Probate Law A pooled trust is a type of special requirements trust that is handled by nonprofit companies.
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A fiduciary can be an individual or organization that you trust would act in your benefit when you need aid What is the purpose of estate planning? Steve Bliss with the Escondido Probate Law answers estate planning questions Escondido Probate Law A CLUT is an irrevocable trust that may be developed by the donor either intervivos,or upon death,and which defines that a yearly “unitrust quantity” must be paid at least every year to charity till the termination of the specified term,at that point the trust assets pass to or in trust for the noncharitable recipients.

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