Revocable Living Trusts
Protect Your Family From Probate and Taxes
Just pay $575 now and save your family 1000's later.
A Professional California Attorney For Living Trusts
IF YOU OWN A HOME OR
HAVE MINOR CHILDREN, A LIVING TRUST IS FOR YOU.
A
REVOCABLE LIVING TRUST,
also known as a LIVING TRUST, is a modern substitute for a traditional
Will. Like a Will, the purpose of a Living Trust is to distribute your
estate at death. Wills are no longer desirable, because a traditional
Will puts your estate into court at death, a process called Probate. Probate
is costly (3-10% of the gross value of the estate), and time-consuming
(1-2 years on average), as well as frustrating for your heirs. For more information about a Revocable Living Trust, be sure to visit our Revocable Living Trust page.
A
Living Trust, properly funded, will AVOID THE PROBATE process,
its time consumption, and its cost. With a Living Trust, your estate will
be distributed to your heirs with minimal expense , and, usually, in less
than six months!
In
a Living Trust, you name yourself as the Trustor (person who sets
up the Trust), the Trustee (person who manages the Trust), and Beneficiary
(person who gets the assets from the Trust). As Trustor, you, and only
you, can make changes to the Trust, via Amendment, or cancel the Trust,
by revoking it. As the Trustor, you have complete control over the terms
of the Trust.
As
the Trustee, you manage your estate, much as you do now. You can buy,
sell, invest, bank, and give assets out of the trust, as you wish. In
the Trust, we will name Successor Trustees, who will take over management
of the Trust whe you are deceased, or incapacitated.
FINANCIAL DURABLE POWER OF ATTORNEY
(DPA) FOR PROPERTY MANAGEMENT AND PERSONAL AFFAIRS:
This document names someone you can count on to
be your Attorney in Fact, who will make decisions concerning your ASSETS
for you when you are unable. Your Attorney in Fact can pay your bills,
file your tax returns, help you with your banking, and other financial
matters. This prevents a conservatorship over your estate which means
the courts and lawyers will not be controlling your finances. your family
keeps control over things, under your terms.
A DPA can be either SPRINGING, which means it does
not take effect until you are incapacitated or incompetent, or IMMEDIATE,
which means your Attorney in Fact can start making financial decisions
for you as soon as the document is signed.
ADVANCE
HEALTH CARE DIRECTIVE & DURABLE
POWER OF ATTORNEY (DPA):
This document names someone you can count on to
be your Attorney in Fact, who will make decisions concerning your HEALTH
CARE for you when you are unable. This prevents a conservatorship over
your person, which means the courts and lawyers will not be controlling
your health care needs. Also, this document contains an Advance Directive,
also known as a Living Will, which states whether or not you wish to "have
the plug pulled" or "die naturally". Your family keeps
control over things, under the terms of this document.
This DPA can be either SPRINGING, which means it
does not take effect until you are incapacitated or incompetent, or IMMEDIATE,
which means your Attorney in Fact can start making health care decisions
for you as soon as the document is signed.
We
also specialize in:
For
more information about Revocable Living Trusts or if you need to contact a California attorney for living trusts, be sure to visit
our Contact
Page.
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