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Some financial powers of attorney are very basic and used for single transactions,such as closing a real estate offer.
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A trust administration is NOT a court-supervised process yet its ultimate goal is also the transfer of property from an individual who has died (the �decedent�) to that individual�s beneficiaries who are identified in his/her revocable living trust
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How does a living trust avoid probate?
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They commonly include bank accounts,investment accounts,stocks,bonds,vehicles,boats,airplanes,business interests,and real estate.
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