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A last will can also deal with the care of any minor children (or adult children with disabilities).
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A revocable living trust is another common type of trust,and is used in estate planning.
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Should you put your house in a trust? A trust will spare your loved ones from the probate process when you pass away.Putting your house in a trust will save your children or spouse from the hefty fee of probate costs,which can be up to 3% of your asset’s value,call Steve Bliss today The Law Firm of Steven F.Bliss Esq.estate planning attorney san diego 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.
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The donors,members of the donors’ household,or other individuals).
A successful estate plan also includes provisions allowing your family members to access or control your assets should you become unable to do so yourself.
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A valuation is conducted of the decedent’s entire estate.
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