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    If you are like the majority of family company owners,your initial idea is that you wish to pass business on to your loved ones Torrey Pines.
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    If you or your partner are an insured of a life insurance coverage policy that is owned by an ILIT,and you also function as the Trustee of the ILIT,then the IRS may choose that the policy hasn’t left your estate after all.
    Our Law Practice Areas The Law Firm of Steven F.Bliss Esq.(858) 278-2800 San Diego Probate Lawyer Absent a power of attorney,a court may be left to decide what happens to your assets if you are found to be mentally incompetent,and the court’s decision may not be what you wanted.
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    The Law Firm of Steven F.Bliss Esq.Estate Planning Lawyer A basic living trust may cost under $1,500,while a trust with numerous assets or a complex,multigenerational trust may cost far more.
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