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This might sound a bit confusing,as the estate isn’t an employer,but,despite its name,an EIN is simply a tax identification number used by different entities,from individuals to corporations to estates,for tax-filing purposes Second,if the value of the property exceeds a certain amount,it could trigger the federal gift tax steveblisslaw com Trust Lawyer.

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In this instance,the trust account�managed by the trustee�holds the trust assets for the education,medical care,and general support of the minor until the age of majority,after which he would inherit the assets directly as a beneficiary The Law Firm of Steven F.Bliss Esq.Probate Attorney Due to the fact that the trustee has overall control over the management of the funds,and the beneficiary does not,federal government program administrators,like the ones from SSI and Medicaid,overlook the trust assets when considering eligibility.
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Probate Attorney ? It will help you protect the benefits of a beneficiary who is on government aid.
The estate of the person who has died is usually passed to surviving relatives and friends,either according to instructions in the will,or if the person dies without leaving a will,according to certain legal rules called the rules of intestacy steveblisslaw com (858) 278-2800 Probate Attorney The laws concerning the issuance of advanced clinical instruction differ from state to state.
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The 2nd document,called a living will,permits you to decide precisely how you wish to be treated if resuscitation or life support is needed.
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