714-385-0044 detlaw@hotmail.com

Living Trust Attorney in Laguna Hills CA

Laguna Hills Living Trust Attorney

Let our highly experienced California living trust attorney help you protect your assets and save you and your family from high costs in the long run.

In California, a Living Trust is very often the preferred Estate Plan for many people.   The most common type of Living Trust in California is one that is revocable, which means that you have the power to amend and revoke the trust.

The power of revocation and amendment are important for clients in an ever changing world where financial and family circumstances continually change.

Living Trust Attorney Laguna Hills CA

Living Trusts vs. Wills

Living Trusts and Wills are the primary Estate Planning tools as both allow you to decide who receives your money, property, and assets after you pass away, and who will manage, settle, and distribute your estate after you are gone.

The primary advantage of a Living Trust over a Will is that a Living Trust avoids the costly and timely necessity of putting the family through a Probate Administration.  Avoiding Probate saves the family thousands of dollars in the long run.

Living Trust in California is settled more quickly than the average Probate, and a Living Trust allows families to carry out Estate Planning in private.  Probate cases are a public record, and are open to anyone to inspect.

Flexibility

Living Trusts can incorporate special features to handle specific family dynamics.   These special approaches can include Special Needs Trusts for the care of a disabled child or family member; Pet Trusts; customized provisions for a “Blended Family” for second marriages that include children from prior marriages, adopted children, step-children, etc.; and “Spendthrift” provisions which protect a child’s inheritance from creditors, predators, and from themselves.

Helpful During Periods of Incapacity

If you are the trustee of your own living trust and you become incapacitated, your chosen successor trustee can manage the trust’s assets for you, very similar to an agent with power of attorney.

Estate Tax Planning

Estate and Gift Taxation issues can be avoided or minimized through the use of custom tailored Living Trust in California.

Counseling and Advice:  The Key Ingredient

The key ingredient in the crafting of a Living Trust or Family Trust is the counseling and legal advice I give each and every client as their personal lawyer.

I frequently counsel people who have experienced high-pressure sales pitches from non-lawyer “financial planners” purporting to offer living trusts.  These trust schemes hide the real goal, that is, to sell dubious and expensive annuity and insurance products; and more often than not, result in the client buying a useless “botched trust”.

Laguna Hills, CA

Laguna Hills is a city located in southern Orange County, California, United States. Its name refers to its proximity to Laguna Canyon and the much older Laguna Beach. Other newer cities nearby-Laguna Niguel and Laguna Woods-are similarly named. According to the United States Census Bureau, the city has a total area of 6.7 square miles (17.3 km²). 6.7 square miles (17.3 km²) of it is land and 0.025 square miles (0.064 km²) of it (0.37%) is water. Laguna Hills is built on one of the major land grants developed during the rancho era. Following Mexico’s independence from Spain in 1821, those who had served in the government or who had friends in authority, were given vast lands for cattle grazing. Rancho Lomas de Santiago, Rancho San Joaquin, and Rancho Niguel covered much of the western portion of the Saddleback Valley. Don Juan Avila was granted the 13,000 Rancho Niguel on which Laguna Hills is located.

Nearby Cities:

Living Trust Attorney Mission Viejo, Living Trust Attorney Ladera Ranch

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Dwight Edward Tompkins, Esq.

Location

171 S. Anita Dr. Ste.119
Orange, CA 92868

Tel :

+1 714 385-0044

Fax :

+1 714 385-0066

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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