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Escondido Probate Law720 N. Broadway, #107 Escondido, CA 92025
(951) 582-3800
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What assets Cannot be placed in a trust? Real estate. Financial accounts. Retirement accounts. Medical savings accounts. Life insurance. Questionable assets. One sibling may feel that the parent would be much better off in a nursing house or helped care, while another may figure out that the moms and dad ought to remain in his or her home. Awesome Lawyer Probate around 92026. Amazing Estate Lawyer by Midway, Escondido, CA. What is the difference between an LLC and a trust? LLCs are a type of business entity that shields owners from liability for business debts and avoids double taxation while providing for a flexible structure to manage the business. Trusts are used as repositories for assets that will be distributed to beneficiaries after the death of the original owner. Brilliant Probate Lawyer by 92026. Can an executor of a will also be a beneficiary? When making a will, people often ask whether an executor can also be a beneficiary. The answer is yes, it’s perfectly normal (and perfectly legal) to name the same person as an executor and a beneficiary in your will. However they can be spent on you beneficiary’s education, entertainment, vacations, a house health assistant, or other medical treatment or costs that Medicaid- or some other government program- doesn’t cover. Amazing Probate Lawyer nearby Eureka, Escondido, CA. Brilliant Probate Attorneys around 92025.
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