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    As with all designations,a backup or contingent guardian should be named as well Subject to the terms of an agreement that states otherwise,the trustee has the authority to make changes to the account,including to transfer assets,close the account,open a sub-account,and name additional beneficiaries or another successor trustee Living Trust Law Estate Lawyer.
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    Although trusts were originally developed for the very rich,today they are commonly utilized in wills and estate planning whenever a person or a household owns real property

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    Property title is transferred from you to the living trust,and you become the trustee Living Trust Law Estate Planning Attorney In years past,family wealth was generally handed downed from one generation to the next without question.

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