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Credible Temecula Probate Attorney. Avoid Estate Planning & Estate Taxes. The Federal estate tax is considered to be unjust by lots of observers who are familiar with the details. How do you get out of collections without paying? Request a Goodwill Deletion.Dispute the Collection.Request Debt Validation.Negotiate a Pay-for-Delete. Assets are passed to the surviving spouse. An exception to this can arise if an institution, like a bank or a title company, refuses to transfer control of assets to the surviving spouse without The probate court having issued letters of Testamentary or Letters of Administration. In the right circumstance, California has a simplified procedure referred to as a …spousal confirmation proceeding… that can avoid the necessity of an entire probate proceeding. Generally, a petition is filed with the court, notice is given to certain parties, and if there are no objections, the court orders the transfer of assets. What is the tax rate for trusts in 2021? Note: For 2021, the highest income tax rate for trusts is 37%. The Law Firm Of Steven F. Bliss is a Temecula Estate Planning laywer. Can you run a business through a trust? A trust can be used to run a business. But because it is not a legal entity, the trustee undertakes the business activities on behalf of the trust. A trustee can be an individual or a company …we recommend a corporate trustee. “Ancillary” probate in another state can also be avoided.


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