Living Trust Attorney Orange County CA
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Living Trust Attorney Orange County CA
In California, a Living Trust, is very often the preferred Estate Plan for many people. The most common type of Living Trust is one that is revocable, which means that you have the power to amend and revoke the trust. The power of revocation and amendment are important for clients in an ever changing world where financial and family circumstances continually change. Living Trusts vs. Wills Living Trusts and Wills are the primary Estate Planning tools as both allow you to decide who receives your money, property, and assets after you pass away, and who will manage, settle, and distribute your estate after you are gone. The primary advantage of a Living Trust over a Will is that a Living Trust avoids the costly and timely necessity of putting the family through a Probate Administration. Avoiding Probate saves the family thousands of dollars in the long run. Living Trusts are settled more quickly than the average Probate, and a Living Trust allows families to carry out Estate Planning in private. Probate cases are a public record, and are open to anyone to inspect. Flexibility Living Trusts can incorporate special features to handle specific family dynamics. These special approaches can include Special Needs Trustsfor the care of a disabled child or family member; Pet Trusts; customized provisions for a “Blended Family” for second marriages that include children from prior marriages, adopted children, step- children, etc.; and “Spendthrift” provisions which protect a child’s inheritance from creditors, predators, and from themselves. Helpful During Periods of Incapacity If you are the trustee of your own living trust and you become incapacitated, your chosen successor trustee can manage the trust's assets for you, very similar to an agent with power of attorney. Estate Tax Planning Estate and Gift Taxation issues can be avoided or minimized through the use of custom tailored Living Trust. Counseling and Advice: The Key Ingredient The key ingredient in the crafting of a Living Trust or Family Trust is the counseling and legal advice we give each and every client as their personal lawyer. Unlike larger firms, we work directly with our clients, which allows us to provide a more affordable, cost-effective approach to solving their planning needs. Through this approach, we understand our client's unique circumstances, and design a plan to specifically address the client's objectives. After working with us as their California estate planning attorney,
clients understand the process fully and are equipped to make the best decisions for themselves and their family. Our Personal Commitment to our Clients We are personally committed to work with you to accomplish your specific goals and objectives. When necessary we can meet with clients in their home or in the hospital to assist them in achieving timely solutions to their estate plan needs. It is our personal commitment to: 1. Personally design each client’s estate plan 2. Provide guidance and assistance in coordinating our client’s assets with their plans 3. Stand ready to provide client’s with amendments and updates for changes in the life of our clients 4. Ensure timely, professional and affordable estate planning services to our clients Our Experience Makes The Difference Our experience obtained from working with diverse clients from all walks of life allows us to provide our clients with practical solutions to their specific estate planning needs. We draw upon a broad range of legal expertise to develop creative, cost-effective solutions for each client. Learn More about Living Trusts here Orange County CA Living Trust Attorney
In California, a Living Trust, is very often the preferred Estate Plan for many people. The most common type of Living Trust is one that is revocable, which means that you have the power to amend and revoke the trust. The power of revocation and amendment are important for clients in an ever changing world where financial and family circumstances continually change. Living Trusts vs. Wills Living Trusts and Wills are the primary Estate Planning tools as both allow you to decide who receives your money, property, and assets after you pass away, and who will manage, settle, and distribute your estate after you are gone. The primary advantage of a Living Trust over a Will is that a Living Trust avoids the costly and timely necessity of putting the family through a Probate Administration. Avoiding Probate saves the family thousands of dollars in the long run. Living Trusts are settled more quickly than the average Probate, and a Living Trust allows families to carry out Estate Planning in private. Probate cases are a public record, and are open to anyone to inspect. Flexibility Living Trusts can incorporate special features to handle specific family dynamics. These special approaches can include Special Needs Trustsfor the care of a disabled child or family member; Pet Trusts; customized provisions for a “Blended Family” for second marriages that include children from prior marriages, adopted children, step- children, etc.; and “Spendthrift” provisions which protect a child’s inheritance from creditors, predators, and from themselves. Helpful During Periods of Incapacity If you are the trustee of your own living trust and you become incapacitated, your chosen successor trustee can manage the trust's assets for you, very similar to an agent with power of attorney. Estate Tax Planning Estate and Gift Taxation issues can be avoided or minimized through the use of custom tailored Living Trust. Counseling and Advice: The Key Ingredient The key ingredient in the crafting of a Living Trust or Family Trust is the counseling and legal advice we give each and every client as their personal lawyer. Unlike larger firms, we work directly with our clients, which allows us to provide a more affordable, cost-effective approach to solving their planning needs. Through this approach, we understand our client's unique circumstances, and design a plan to specifically address the client's objectives. After working with us as their California estate planning attorney,
clients understand the process fully and are equipped to make the best decisions for themselves and their family. Our Personal Commitment to our Clients We are personally committed to work with you to accomplish your specific goals and objectives. When necessary we can meet with clients in their home or in the hospital to assist them in achieving timely solutions to their estate plan needs. It is our personal commitment to: 1. Personally design each client’s estate plan 2. Provide guidance and assistance in coordinating our client’s assets with their plans 3. Stand ready to provide client’s with amendments and updates for changes in the life of our clients 4. Ensure timely, professional and affordable estate planning services to our clients Our Experience Makes The Difference Our experience obtained from working with diverse clients from all walks of life allows us to provide our clients with practical solutions to their specific estate planning needs. We draw upon a broad range of legal expertise to develop creative, cost-effective solutions for each client. Learn More about Living Trusts here Orange County CA Living Trust Attorney
