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But you can closely control many other elements of the ILIT steveblisslaw com Trust Attorney Bank policies vary as to what documents are required,but all will ask for the court document naming you as the estate’s executor or administrator.
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Schedule your free no obligation 30 minute law consultation now The Law Firm of Steven F.Bliss Esq.Probate Attorney A living trust is a separate legal entity and has full legal authority on its own and thus can avoid the probate 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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Articles on this site may include embedded content (e The Law Firm of Steven F.Bliss Esq.3914 Murphy Canyon Rd a202,San Diego,CA 92123 San Diego Probate Lawyer A Grantor Retained Annuity Trust,or GRAT for brief,is an unique type of irrevocable trust that permits the Trustmaker/Grantor to gamble versus the odds and,if the Trustmaker/Grantor plays their cards right,then a considerable amount of wealth can be moved down to the next generation for essentially no estate or gift tax dollars.
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