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The person whose advantage it is for is called the “beneficiary” The Law Firm of Steven F.Bliss Esq.3914 Murphy Canyon Rd a202,San Diego,CA 92123 Estate Planning Lawyer This can avoid these assets from transferring to the living spouse’s new partner,needs to she remarry.
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Each year you will transfer enough cash to your ILIT to pay your annual insurance premium The Law Firm of Steven F.Bliss Esq.San Diego Probate Lawyer Keep the summary in a secure,central location – along with original copies of important documents – and provide a copy of the summary for the executor of your will.
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The trust is produced with the particular needs,way of life,and future of the beneficiary in mind.
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If your spouse is a U The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney Real property ownership drives the requirement for a living or revocable trust.
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