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The Law Firm of Steven F. Bliss Esq.
3914 Murphy Canyon Rd Suite A202, San Diego, CA 92123
(858) 278-2800


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Can you rent a house that is in a trust? One of the most basic tenets of fiduciary duty is to protect trust assets. Since family members or trust beneficiaries cannot use trust-owned property as a personal asset and live in trust rental property rent-free, they also cannot be involved in rent collection. Each state has its laws concerning executor fees. Washington state, for example, provides that executors are entitled to “reasonable” compensation. Generally, a trust allows a third party to hold onto assets on behalf of a beneficiary through a fiduciary agreement. Many types of trusts vary by purpose and how the trust’s creator intends for its funds to be used. Healthy Last Will And Testament is Steve Bliss Law (858) 278-2800. What documents are important for estate planning? Last will and testament. Revocable living trust. Beneficiary designations. Durable power of attorney. Health care power of attorney and living will. Digital asset trust. Letter of intent. List of important documents.

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