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Sign up for a free consultation and Get 10% off

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Shane Barnard

Manging attorney

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FAQ

o How do i set up a living trust in California

Who needs an estate plan?

Do I need a living trust or will

Typically everyone over the age of 18 needs his or her own estate plan. Of course, estate plans vary immensely depending on goals, finances, family situation, and where you live . There is no one-size-fits all estate plan.

o How do i set up a living trust in California

What happens if I don’t have an estate plan?

Do I need a living trust or will

If you don’t have an estate plan, the government has a plan for you – and you probably won’t like it. For example, it’s the court who will decide who raises your children and who handles your finances and private matters. And, it’s state law that will decide who inherits from you – it may not be who you think.

o How do i set up a living trust in California

What is Probate?

Do I need a living trust or will

Probate is the process by which the court validates a will and supervises the settlement of an estate, including the transfer of assets to beneficiaries.

o How do i set up a living trust in California

Should I avoid probate?

Do I need a living trust or will

Most people want to avoid probate because it can include high fees and costs, significant time delays and stress, and everything that goes through probate is public information. Anyone can go on the Internet and see a listing of your assets, debts, beneficiaries, and who got what. If you’re like most people, you want to keep your family affairs and finances private.