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These trusts are set inning accordance with the terms included in the deceased’s will Living Trust Law (858) 278-2800 Estate Attorney The point to remember is this: You have the opportunity to thoroughly control how,when,and why your beneficiaries get the proceeds of your life insurance policy.
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All the property in the estate is owned as beneficial joint tenants This property automatically becomes wholly owned by the other owner.
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The successor trustee would also manage the trust if you become mentally incapacitated This is not a legally binding document,but gives valuable information and guidance to your executor Probate Law Auctions and Charitable Offering.
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Meetings or interactions with beneficiaries to fix issues and explain the workings of the trust can be time consuming,challenging,if not downright exhausting.
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