Living Trust Attorney in Los Angeles
The Benefit of Having a Living Trust
A living trust can be established which will not affect your control over your assets or finances. You are named as the trustee and the beneficiary of the estate which means that you still retain control and reap the benefits. Your assets will legally belong to the trust and upon your death your estate will not have to go through the process of
probate. A successor trustee, that you appoint, will take over the responsibilities of managing your trust. Probate may take an extensive amount of time and can be
costly. It is also handled through the court system so your private business becomes a public matter. There are definite tax benefits to certain types of trusts which will help your family in the future.
In the unfortunate event that you become incapacitated for any reason, your named successor trustee will take care of your affairs rather than having a court assigned conservator make decisions about your welfare and finances. By retaining the services of a Los Angeles trust lawyer, you can discuss a strategy for you, your family and your estate's future that will be of the greatest benefit to you. At Kerendian & Associates, Inc., we can draft a trust for you that will meet your needs.
Taking Control of Your Estate
It does not matter what size your estate is, planning for the future is always a good idea. We can review your particular circumstances with you and help determine if a will or a trust is the best decision in your case. There are many different types of
revocable and
irrevocable trusts that we can explain to you in detail. Our experience in the field of estate planning has allowed us to assist many clients with the successful establishment of wills and trusts, rather than leaving important decisions concerning your assets and finances to the state.
Contact a Living Trust Attorney in Los Angeles
if you chose to take control of your estate rather than leaving it up to the courts.
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