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What are the disadvantages of a living trust? Paperwork. Setting up a living trust isn’t difficult or expensive, but it …
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Upon the maker’s death, all the trust property will pass to the beneficiaries named by the maker in the Trust …
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It’s crucial when the executor is also a beneficiary. Likewise, most attorneys…myself included…will give the client several xerox copies or …
In other words, a trustee is not required to enforce every claim, only those that are deemed cost-effective and likely …