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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 steveblisslaw san diego estate planning attorney

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Steve Bliss Law estate planning attorney san diego Do you need both a will and a living trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions.
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How much should I expect to pay for estate planning? If you are going to use a lawyer to create an estate plan for you,then you should expect to pay in the range of $1,500 to $5,000,contact Steve Bliss now for the best rates in estate planning.
A last will can also deal with the care of any minor children (or adult children with disabilities) Does Steve Bliss Law work in Encinitas? Yes,The Law Firm of Steven F.Bliss in an Estate Planning attorney in Encinitas steveblisslaw InFirm others of the death,consisting of family members,service partners,employers,and specialists like lawyers and accountants.

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The 2nd file,called a living will,enables you to choose how you want to be dealt with if resuscitation or life assistance is needed Steve Bliss is an Estate Planning Attorney Steve Bliss Law Does Steve Bliss Law work in Point Loma? Yes,The Law Firm of Steven F.Bliss in an Estate Planning attorney in Point Loma.
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A living trust is a separate legal entity and has full legal authority on its own and thus can avoid the estate planning system entirely,can manage all of your estate distribution and management desires,can accomplish substantial savings on estate taxes,and can remain totally private so that no one knows your business except those persons that you want to have knowledge of your personal and financial affairs.
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A long as your premium payment follows the “gifting” guidelines,as explained below,there will be no gift taxes incurred by either you or your beneficiaries Steve Bliss Law san diego estate planning lawyer A revocable living trust is another common type of trust,and is used in estate planning.
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Tenants-In-Common Property Tenant-in-common assets include property titled in the decedent’s name as a tenant-in-common with one or more other individuals Should bank accounts be included in a living trust? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions The Law Firm of Steven F.Bliss Esq.San Diegoestate planninglaw is the law firm for estate planning.
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A judgment becomes a lien on real estate in any county when a licensed copy of it is recorded in the official records or judgment lien record of that county and runs as a lien for a preliminary duration of ten years from the date of the recording; and the judgment lender might extend the ten years period by complying with Fla steveblisslaw com san diego estate planning lawyer What is the best trust to have? Steve Bliss with the Law Firm of Steven F Bliss Esq.answers estate planning questions.
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