11 Steps to Establishing a Living Trust

A living trust is a powerful tool when it is drafted and funded appropriately. In fact, this has become one of the most common estate planning tools available today. A living trust can give you greater peace of mind that your wishes will be followed after you pass away and ensure that your financial affairs… Read More »

How Do Assets Go Into a Living Trust?

A living trust only becomes legally valid when the assets are placed inside a living trust. This is a common error made by many people new to the estate planning process who might create a living trust but then forget to transfer assets inside, meaning that the assets do not receive the protection or ownership… Read More »

Top Reasons to Consider Using A Living Trust

Have you contemplated the benefits of using a living trust in the past? Many people are under the false impression that a living trust can accomplish everything. While it’s not true that a living trust will be the only estate planning document that you need or that it will accomplish every single one of your… Read More »

Living Trusts Benefits Series: Obtain More Privacy

Many people intend to avoid the probate process, not just because it is expensive and frustrating for your beneficiaries, but also because it is extremely public. Anyone can enter into probate court after you pass away and view the estate file. You can determine the claims of creditors, the list of assets, the beneficiaries, and… Read More »

Living Trusts Benefits Series: Avoiding Will Contests

Wills face a higher risk of being contested in court when compared with a revocable living trust. This is because a revocable living trust becomes effective immediately when the trust document is signed and will usually last for some time after the owner passes away. It will, however, only become into effect when a person… Read More »

Is It a Good Idea to Make Your Own Living Trust?

If you decided that you want to use a living trust in order to avoid the probate process, you probably have some good questions about the most appropriate way to proceed. Should you try to handle making a living trust on yourself is a good question that will probably pop into your mind early on…. Read More »

Do You Really Need a Living Trust?

Whether you are new to the estate planning process or whether you updated your documents years ago, you may have questions about whether the documents and strategies you selected are appropriate for your individual needs. One of the most common questions for California individuals is how a living trust can benefit them. A basic will… Read More »

New California Law Deals With Passing On Property

A newly passed law in California creates a new non-probate method of conveying real property upon death. A story on sandiegouniontribune.com says the law allows the conveyance through a revocable transfer upon death deed. It creates a simple way for people to transfer their home (or one-to-four unit investment properties) on death without having to… Read More »

Common Estate Planning Mistakes

Estate planning isn’t easy – that’s why there are lawyers and financial advisors who specialize in helping people with their estates. View image | gettyimages.com If you review your documents, make sure they are signed and pick the right experts, you should be fine, says an article on cnbc.com. But there are mistakes that people… Read More »