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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 Escondido Probate Law

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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 A qualified domestic trust (QDOT or QDT) can prevent this from taking place Escondido Probate Law A properly drafted estate planning package avoids the long and costly legal process referred to as Estate Planning.
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A valuation is conducted of the decedent’s entire estate Escondido Estate Planning law trust attorney A living will goes along with a health care power of attorney,as it can serve as a guide to your agent,or can express your wishes in the event your agent is unavailable at a crucial moment.
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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