How can a trust prevent a conservatorship proceeding?
A Trust is used to hold the property, and the Trustees manage the Trust estate. In the event of your incapacity your pre-appointed Successor Trustee(s) will manage the Trust estate in accordance with the instructions that you have provided. Thus, a properly prepared and funded Trust can enable you to avoid a conservatorship proceeding over your estate. Compared with the cost of a conservatorship proceeding, a Trust can be very attractive.
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Heir Advance Company provides Inheritance Advances and Probate Loans or Trust Inheritance Loans to Heirs in Canada and nationwide throughout the USA (with the exception of Probate Loans in Ohio, Inheritance Loans for Trusts in New York state and Inheritance Loans for both Probates & Trusts in Puerto Rico).
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