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If effective immediately,your agent may act even if you are available and not incapacitated couple.
A trust,however,has actually named beneficiaries.
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Trust Attorney It’s important to draft a durable power of attorney (POA) so an agent or a person you assign will act on your behalf when you are unable to do so yourself.
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Property held with rights of survivorship passes directly to the survivor when one owner dies The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney Public,Trustee”,it’s that simple.
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There are ways in which you can reduce the expense of your estate plan steveblisslaw com (858) 278-2800 Estate Planning Lawyer If you want your estate and your gifts to stay personal,having an estate plan that ensures you avoid probate is extremely important.
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The Law Firm of Steven F.Bliss Esq.Estate Planning Lawyer Unfortunately,any of your home or business that isn’t moneyed into your trust prior to you pass away will need probate,even if it’s directed to your trust via a pour-over will.
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