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Web what form to file. Report income distributed to beneficiaries;. Report income received by an estate or trust; Pick a type of living trust. Web a trust is a fiduciary relationship in which an outside party, known as a trustee, holds title to property or. Web california law requires the following three elements to be present to create a valid trust: Web 6 steps to create a living trust in california. If you’re married, you’ll first need to decide. File form 541 in order to:
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