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And presumably,based upon the Petersen court’s reasoning,when the 2nd judgment is set to lapse,the judgment lender may file another new suit and get a 3rd judgment (and so on) The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney It requires you to evaluate the financial and tax consequences of those actions and prepare for them.
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A certified charitable lead trust (CLT)-qualified in the sense that its charitable present part is deductible for some or all income,present,and estate tax functions is,in a lot of respects,the conceptual reverse of the charitable remainder trust (858) 278-2800.
Life insurance coverage is among the most common financial items bought in America The Law Firm of Steven F.Bliss Esq.San Diego Probate Lawyer There is caselaw enabling a judgment financial institution to file an action on a judgment prior to its expiration and actually renew the judgment,by method of a brand-new judgment,helpful for another twenty years.
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This estate planning tool can be incredibly useful to help distribute property and assets to your family while avoiding any costs or delays of probate.
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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 Examples consist of irreversible life insurance trusts,life time gifting trusts such as certified personal house trusts,grantor kept annuity trusts (GRAT for short),and spousal lifetime access trusts (SLAT for short) steveblisslaw com Talk to us we’re here to help.
Each state has a list of kin so carefully associated to a decedent that they inherit from him by law for lack of any other estate plan.
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