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Analytics Upon death,a person you appoint as your successor trustee assures that the property is transferred to those you designate as trust beneficiaries The Law Firm of Steven F.Bliss Esq.A trustmaker can modify his will,getting the arrangements for a testamentary trust,at any point during his lifetime.
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In addition,your ILIT will need a separate tax ID number,and a different savings account might be required An executor is legally needed by law to follow a strict standard of care and habits The Law Firm of Steven F.Bliss Esq.Probate Lawyer.
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