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Can a nursing home take your house if it is in a trust? A revocable living trust will not protect your assets from a nursing home.This is because the assets in a revocable trust are still under the control of the owner,for more help contact estate planning attorney Steven F.Bliss esq today.
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A medical power of attorney is one type of healthcare regulation- that is,a document that set out your long for health care if you are ever too ill or hurt to speak for yourself Steve Bliss Law estate planning attorney san diego A Personal Residence Trusts,or QPRT for short,is a special type of irreversible trust that is designed to eliminate the value of your main residence or a second house from your taxable estate at a minimized rate for federal gift tax and estate tax purposes.

Steve Bliss Law/strong>
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Steve bliss law A Living Will is an official record that signals your healthcare providers to your wishes and preferences regarding clinical treatments and life-support steps.
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A minimum of one trustee should be designated to handle the trust,though several individuals or companies may be called all at once A living trust is a separate legal entity and has full legal authority on its own and thus can avoid the estate planning system entirely,can manage all of your estate distribution and management desires,can accomplish substantial savings on estate taxes,and can remain totally private so that no one knows your business except those persons that you want to have knowledge of your personal and financial affairs steveblisslaw com I heard Steve Bliss Law is the best estate planning law firm in the area.
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