Trust Planning

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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

Do I Even Need a Will or a Trust?
As the years fly by faster and faster, most of us start thinking about what will become of our financial and physical assets when we die. Surprisingly few of us actually do anything about it, however. We may think that we don’t have enough “money and stuff” to make an estate plan worthwhile. We ... READ MORE

Why Make a Trust
A trust can be a powerful estate device. ... READ MORE

Who Needs a Financial Power of Attorney?
Usually, we like to feel that we are on top of making our own financial decisions. We pay our bills, transfer money between our accounts and make our investments (good and bad). But sometimes, this is not possible. Maybe you are traveling to a remote area for an extended period of time. Maybe you have ... READ MORE

The Role of the Trustee or Trustees
When you create a trust, put serious thought into who you name as trustee. A qualified trustee will be good with numbers, and with people too. ... READ MORE

Common Questions: Trusts
Trusts aren't right for everyone. ... READ MORE

 

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I assume your husband lived in California when he passed away.  The answer depends on whether the property was separate property or quasi-community property.  As the suviving spouse, you are ...Read more

The cost may vary depending on the circumstances of the estate.  Best thing to do is to call an attorney for a full consultation and a price quote.

As long as your grandmother still has enough mental competency to make a new Power of Attorney, then she is free to do so at any time. And, if there's some guy that she doesn't remember who claims tha ...Read more

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The Importance of Funding a Trust

While creating a trust is a great strategy for managing your estate in the event of your passing, unless your trust is “funded,” it will be of little value.  Only trusts that are fund ... Read more

Duties of a Trustee

Whenever property of any kind is to be transferred from one party to another, but not immediately, it is necessary that it be held temporarily by a designated individual known as a “trustee.&#82 ... Read more

What is a Fiduciary Duty and How is it Created?

I am often asked about fiduciary duties. Within this article I will attempt to explain what a fiduciary duty is and how it is created. Also, I will address what your rights are in the event a fiduciar ... Read more

The Basics of Trust Administration

Trust Administration refers to the management and distribution of trust property by a legally designated person, usually referred to as a trustee. This is to be done in the best interests of the benef ... Read more

Trust Litigation and When It Is Necessary

After the passing of a loved one, the issue inevitably arises of how to dispose of the decedent’s property. The foresight to provide a written revocable trust is of great help, but even this doe ... Read more

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