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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 steveblisslaw estate planning attorney (858) 278-2800.
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A basic living trust may cost under $1,500,while a trust with numerous assets or a complex,multigenerational trust may cost far more.
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Who needs an estate planner? Anyone who wants their assets to be transferred to one or more surviving loved ones after they pass away should consider establishing a formal estate plan.Call Estate Planning Attorney Steven Bliss at the Law Firm of Steven F.Bliss Esq steveblisslaw com 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.

Steve Bliss Law/strong>
3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
(951) 582-3800

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(951) 582-3800
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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 steveblisslaw com san diego estate planning lawyer 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.
A qualified domestic trust (QDOT or QDT) can prevent this from taking place steveblisslaw ( +18582782800 ).
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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
(951) 582-3800
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(951) 582-3800
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+1 (951) 223-7000
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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
(951) 582-3800
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(951) 582-3800
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+1 (951) 223-7000
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A revocable trust instantly ends up being irreversible at your death due to the fact that you’re not available to make modifications to it or revoke it steve bliss law estate planning lawyer 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.
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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 Steve Bliss Law ( +18582782800 ).
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A trust is not usually considered a part of your basic estate plan.
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