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What kind of trust protects assets? Irrevocable trust A revocable trust you create in your lifetime becomes irrevocable when you …
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What is the first step in the estate planning process? The main component and first step to estate planning is …
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Main Points of Estate Planning Interests:… Estate planning involves utilizing Wills, Trusts, and More to determine how an individual’s assets …
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How do you create an estate? Make a will. Consider a trust. Make health care directives. Make a financial power …
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What is included in someone’s estate? An estate is everything comprising the net worth of an individual, including all land …
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Is Chapter 7 or 13 worse? In many cases, Chapter 7 bankruptcy is a better fit than Chapter 13 bankruptcy. …
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In other words, the trustee must avoid activity that involves self-dealing, personal conflicts with the interests of the trust, and …