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3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123Sometimes that is an acceptable answer to the Court Usually, the financial company or insurance company allows you to select the beneficiary at the time you open the account, and will allow you to change it at any time Community Property There are two main problems with naming a minor as the beneficiary of your will, life insurance For example, you could grant the person the power to sign the documents on your behalf at the closing of a home sale or to sell a specific stock. This is where the will portion of an estate plan comes in However, the value of a life insurance policy’s death benefit can actually contribute to the value of the deceased’s estate, which may result in estate tax A qualified personal residence trust is not difficult to establish because the only asset it holds is a home The lack of openness in the process might cause individuals to assume that they have been treated unfairly and that there is something wrong. Numerous Estate Attorney is The Law Firm Of Steven F. Bliss Esq. Setting up funeral arrangements Failing to ever make a will or create a trust document could cause intestacy, but many other events could also invalidate a will or make a will impossible to probate. We’ll answer that in more in our complete guide Can an executor sell property of the estate without all beneficiaries approving? The short answer is yes: in certain situations. If there’s no explicit instructions in the will, an executor does have the authority to sell property without approval from all beneficiaries. The notice of sale will be sent to all beneficiaries. So if you’re deciding between creating a will or a living trust, expense can play a large role in your consideration The executor is the person charged with managing a deceased person’s estate throughout probate…the legal process of proving and executing a will.
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