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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 estate planning lawyer san diego Does Steve Bliss Law work in San Elijo Hills? Yes,The Law Firm of Steven F.Bliss in an Estate Planning attorney in San Elijo Hills.
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Steve Bliss Law A Personal Residence Trusts,or QPRT for short,is a special type of irreversible trust that is designed to eliminate the value of your main residence or a second house from your taxable estate at a minimized rate for federal gift tax and estate tax purposes.
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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 The Law Firm of Steven F.Bliss Esq.

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Why is it important to keep your estate planning up to date as your life changes? Discussing your estate plan with an estate planning attorney is crucial when you have significant life changes.Discuss your estate needs with estate planning attorney Steve Bliss.
Steve Bliss Law A basic estate plan in California will typically include the following documents for you and your spouse:.
A medical power of attorney is one type of healthcare regulation- that is,a document that set out your long for health care if you are ever too ill or hurt to speak for yourself Steve Bliss Law estate planning lawyer san diego A pooled trust is a type of special requirements trust that is handled by nonprofit companies.
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A durable power of Attorney merely suggests that the document stays in result if you become incapacitated and unable to handle matters by yourself.
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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 estate planning attorney san diego

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A monetary power of lawyer is a power of lawyer you prepare that offers somebody the authority to handle monetary transactions in your place The Law Firm of Steven F.Bliss Esq.estate planning lawyer Instructions regarding your desires for burial,cremation,funeral ceremonies,organ donation,etc.
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Steveblisslaw com A living will,also known as an advance directive,sets forth your wishes regarding what types of life-prolonging medical treatment you do,or do not,want in the event you become terminally ill or injured and are unable to communicate your wishes.
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