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The Probate Court is only concerned with who the legal owner of an asset is.
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The significant loss of one’s estate to the payment of state and/or federal estate taxes or state inheritance taxes is a great motivator for many people to put an estate plan together A financial representative can provide more inFirmation about trust services and considering Northwestern Mutual as your trustee steveblisslaw com Trust Attorney.
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My law practice is concentrated in the areas of Wills,Living Trusts and Estate Planning; assisting clients in Probate and Trust Administration matters; assisting clients with Chapter 7 and 13 Bankruptcy cases; and assisting my clients with the Firmation and management of Partnerships,LLC’s and Corporations all the property in the estate is owned as beneficial joint tenants This property automatically becomes wholly owned by the other owner steveblisslaw com Estate Planning Attorney.
When all named beneficiaries of an account or policy predecease the decedent,the asset typically diverts to his estate and becomes part of his probate estate.
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Steveblisslaw com Temecula Probate Lawyer These are called laws of “intestate succession” and they can differ somewhat by state.
In other states,however,part or all of your cash value may be protected.
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