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Rather,the property ends up being taxable after the second partner’s death,with liability transferring to the called beneficiaries of the properties within the trust The Law Firm of Steven F.Bliss Esq.

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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 The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney It also would specifically address the care and income of children or relatives with special needs that must be planned carefully to avoid jeopardizing eligibility for government benefits.

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