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Close to 20 states impose their own estate taxes,and many of them tax estates that are valued at $1 million or larger Their “estate” is the property they owned when they died Steve Bliss Law A living will goes along with a health care power of attorney,as it can serve as a guide to your agent,or can express your wishes in the event your agent is unavailable at a crucial moment.
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A basic living trust may cost under $1,500,while a trust with numerous assets or a complex,multigenerational trust may cost far more To identify the property,here is some helpful information The Law Firm of Steven F.Bliss Esq.Important: These are just some of the steps you will have to take.
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Step 3: Figure out who the heirs and beneficiaries are.
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