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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123During this period, the assets are subject to court supervision. An executor of a will cannot take everything unless they are the will’s sole beneficiary. Accompanies Verifying whether claims are legitimate Yet, unless we work out care, life insurance can produce as many estate planning problems as it resolves. The Law Firm Of Steven F. Bliss Esq.
3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123The answer to that is actually pretty straightforward. Only the probate court can change these titles according to the specifications laid out in the decedent’s will. Assets must be re-titled to the trust and any assets within the trust will not be considered a part of the probate estate. The probate process can take a long time to finalize. However these advantages can only be attained if the ILIT is created correctly and specific standards are followed carefully.
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