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Can a trustee draw salary? According to the Indian Trusts Act, a trustee has no right to get a salary …
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What is the 65 day rule for trusts? Under Section 663(b) of the Internal Revenue Code, any distribution by an …
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When a property owner dies, their assets are reviewed by a probate court.The probate court provides the final ruling on …
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The probate court will assess what assets need to be distributed among the legal heirs and how to distribute them. …
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Types of Irrevocable Trusts: Irrevocable trusts come in various forms:Living TrustAlso called an inter vivos trust, this is any trust …
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They don’t need to be witnessed because the testator’s signature is sufficient. Under California Probate Code section 10800, the Executor, …
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Transferring Title to Property: Imagine if a friend passed away, leaving a prized classic car in her Will. Property in …