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How do you cash a deceased person’s bank account? Many banks allow their customers to name a beneficiary or set …
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As a Trustee, you have an obligation to the Beneficiary to keep them abreast of the estate and administration. I …
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Can the IRS seize assets in an irrevocable trust? One option to prevent the seizure of a taxpayer’s assets is …
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How do you set up asset protection? Choose a trustee. The most important consideration when choosing a trustee is that …
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Can creditors go after beneficiaries? Heirs’ and Beneficiaries’ Debts Your creditors cannot take your inheritance directly. However, a creditor could …
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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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Is Chapter 7 or 13 worse? Most consumers opt for Chapter 7 bankruptcy, which is faster and cheaper than Chapter …
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