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A long as your premium payment follows the “gifting” guidelines,as explained below,there will be no gift taxes incurred by either you or your beneficiaries Corona probate law

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A Note About Revocable Trusts Coronaprobatelaw com estate planning attorney 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 individuals beneficiaries who are identified in his/her revocable living trust.
Corona CA Probate Law estate planning lawyer A trust allows an individual or household to designate somebody else,usually a trusted daughter or son,to transfer property after they pass away without the need for a court order and the long and pricey procedure that is involved in acquiring a court order.
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Tenants-In-Common Property Tenant-in-common assets include property titled in the decedent’s name as a tenant-in-common with one or more other individuals Corona Probate Law Corona estate planning lawyer A trust allows an individual or household to designate somebody else,usually a trusted daughter or son,to transfer property after they pass away without the need for a court order and the long and pricey procedure that is involved in acquiring a court order.
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A living trust does not go through the probate process upon a person’s death,which can mean a faster distribution of assets to beneficiaries with no additional costs.
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A valid agreement by a partner represented by an attorney is among the only ways an elective share can be waived.
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