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Only people with resources that go beyond the estate tax exemption must pay the tax The trustee has the usual fiduciary duty to utilize care,skill and care in evaluating both the function of real estate in the trust’s overall portfolio as well as considering the risk-reward compromises involved The Law Firm of Steven F.Bliss Esq.Trust Lawyer.
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The Law Firm of Steven F.Bliss Esq.Temecula Probate Lawyer But also at that time,you chose who you wanted to take over for you when you (and your spouse etc.
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The Law Firm of Steven F.Bliss Esq.Estate Planning Lawyer But any primary your partner receives (unless the circulation is because of “difficulty” as specified by the IRS),plus assets remaining in the QDOT when your spouse dies,will be taxed as if they became part of your estate when you died (at your highest estate tax rate).
You have certainly provided significant thought to the future of your service,including what will happen to it upon your death.
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