Trust Planning

Recent Articles
Modifying or Terminating a Trust
You can modify or end some types of trusts anytime, but other types may never be changed. ... Read more

A Special Needs Trust Can Help You Qualify for Other Benefits
Government programs such as Medicaid and Social Security help low-income disabled persons access essential medical and caregiver services. Ownership of even modest amounts of property or income can disqualify you from such programs. To address this problem, you can set up a special trust to preserve ... Read more

Charitable Trusts Are Generally Irrevocable
If you want your estate plan to include some of your favorite charities, there are generally two types of charitable trusts to consider. Each type of charitable trust has unique characteristics and, depending on which one you choose, you may even see some immediate tax savings. Most Charitable Trusts ... Read more

Managing Trust Taxes
Depending on how trust documents are drafted, trust income can be taxable to beneficiaries, to you, to the trust, or to a combination of all three. Maybe you want to pay the tax so your beneficiaries don't have to. Maybe you prefer that the trust pay them separately. When creating your trust, you have ... Read more

When Is a Revocable Trust a Good Idea?
One type of trust that is commonly used by estate planning lawyers is the revocable living trust, which allows you to retain control over your personal assets. However, revocable living trusts aren't for everyone. In some cases, the disadvantages can outweigh the benefits. A Revocable Living Trust Gives ... Read more

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Trusts And Estates Questions

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At his passing, you can take the property subject to the existing mortgage or you can assume the mortgage (provided that it is assumable).  The law is changing in this area and new legislation al ...Read more

There are a couple of things that you can do.  You can file a probate petition to be appointed as special administrator for your father's estate so that you can deal directly with the mortgage le ...Read more

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$708,000+ Settlement

We recently won a settlement in excess of $708,000 for our client, a beneficiary of several decedents’ trusts, in resolution of a contest of a disputed amendment to one trust and of claims regar ... Read more

Attorney

What is the role of a Professional Fiduciary in the context of California probate law? And just what is a Professional Fiduciary? Let’s first define Professional Fiduciary, as it’s not a p ... Read more

Estate Planning: Planning to Protect Inherited Retirement Accounts

For many years, people that inherited their parent’s retirement accounts believed those funds would be protected from creditor claims just like their own retirement accounts are protected from c ... Read more

Dying Intestate Can Rip Families Apart

Dying without a will can have a devastating impact on a family. Without a will, property is divided according to state law, without regard to your wishes or expectations. Beloved family members and fr ... Read more

Why You May Need a Trust

Many people limit their estate planning considerations to making a will. While a will may allow your estate to avoid probate, a trust may be a better estate planning tool depending on your circumstanc ... Read more

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