The assets are yours to do with whatever you please) but you are no longer the “LEGAL” owner of record Payments will be made to the partner for the rest of her life The Law Firm of Steven F.Bliss Esq.These designated trustees even buy things for the beneficiary,just like a trustee appointed by the family or the court would.
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One sibling may feel that the parent would be much better off in a nursing house or helped care,while another may figure out that the moms and dad ought to remain in his or her home When your survivor (or expert consultant) has actually offered your insurance company with evidence of your death,the policy’s earnings are paid out directly to your beneficiaries The Law Firm of Steven F.Bliss Esq.Temecula Probate Lawyer.
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A minimum of one trustee should be designated to handle the trust,though several individuals or companies may be called all at once.
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