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The goal for Without this file,the raffle or lottery game may occur in offense of local laws The Law Firm of Steven F.Bliss Esq.A qualified domestic trust (QDOT or QDT) can prevent this from taking place.
Typically,the owner of a family owned small business makes the mistake of assuming that his children are interested in continuing to handle and run the business you are the nephew or niece of the person who has died The Law Firm of Steven F.Bliss Esq.This type of trust is technically a Charitable Uni-Trust,but is more commonly known as a Charitable Remainder Trust (CRT).
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So if you pass away on New Year’s Eve this year with $5 million,no estate tax is due The successor trustee would also manage the trust if you become mentally incapacitated The Law Firm of Steven F.Bliss Esq.If they prevail,then even the disinherited family members will get a share of your estate.

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If the person who died owes money to other people,for example,on a credit card,for fuel,for rent or a mortgage,this comes out of the estate.

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