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Alan R. Horvath, Attorney at Law
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Trusts
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Definition - A trust is a legally enforceable arrangement whereby you give one person control of assets on the condition that they be held for the benefit of another person.
Use - A trust can accomplish both care planning goals and estate planning goals. A typical trust will provide for a successor trustee in the event of your incapacity. By so doing, it insures that someone has access to your assets to provide needed care for you if you are unable to do it yourself. The same trust would avoid probate on your death, allow your trustee to insure your spouse was cared for during their life, and then leave any remaining funds to your kids. In the process, the trust could also give you and your spouse a double shot at the estate tax exemption.
A well written trust can fill many needs.
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Serving Calaveras and Amador counties, California
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P.O. Box 81 37 Main St., Suite 202 San Andreas, CA 95249
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Phone: 209 754-5291 Fax: 209 754-5293
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ahorvathlaw@sbcglobal.net
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