Living Trust
A Living Trust is designed to allow for an easier and less costly way to transfer the trust creator’s assets while avoiding the time-consuming and more expensive probate court process. If you wish to discuss your Living Trust document preparation needs, please schedule your initial intake interview now.
Living Trust
What Are The Requirements To Set Up A California Living Trust?
A trust is a written legal agreement between the creator of the trust (i.e. the “Trustor” or “Settlor”), the manager of the trust (i.e. the “Trustee”) for the benefit of the Trust’s beneficiaries. For a revocable Living Trust, the Trustor, Trustee, and Beneficiary roles are all performed by one person – the person who created the trust.
What are the benefits of living trust?
Since a Living Trust avoids the probate court process, your personal and financial matters remain private. You also maintain control of your finances after passing away. Trusts also usually avoid or reduce the possibility of being challenged in a court of law, and can assist in preventing conservatorship issues.
How to create a living trust?
Since a Living Trust is a relatively complex document, you should always hire a legal professional (either a registered and bonded Legal Document Assistant or an attorney). Please contact us to book your intake call to find out how we can help you help yourself!
