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These trusts provide a couple of unique advantages over their revocable equivalents.
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The amount they acquire varies by state,however is generally known as a “spousal share The person who gives the authority is called the principal,and the person who has the authority to act for the principal is called the agent or the attorney-in-fact steveblisslaw com The successor trustee follows your specific directives on what to do much the same as an executor would,except there is no probate.

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