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Add Your Wealth Is Hidden In The Fragments You Will Ever Have - Part 10

Tracey Darvall 2025-01-04 23:01:20 +00:00
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Marilyn died in june 2006. The fair value of the beach house was $4 million. Marilyn, the trustee of Trust "A" specified that Jane would inherit all property in the "A" belief. Because the beach property was owned by Marilyn, the trustee, the place is not subject to probate.
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Yes, most trusts can have a "pour over" will, which simply provides that any assets held inside your name alone at death, which just weren't in your living trust, become transferred to one's living trust. However, these assets not originally in the trust won't avoid probate.
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