714-385-0044 detlaw@hotmail.com

Living Trust Attorney in Yorba Linda CA

Yorba Linda 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 Yorba Linda 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”.

Yorba Linda, CA

Yorba Linda is a suburban city in the northeastern Orange County, California, approximately 13 miles (21 km) northeast of Downtown Santa Ana, and 40 miles (64 km) southeast of Downtown Los Angeles. As of the 2010 census, it had a population of 64,234. Its most famous resident was Richard Nixon, who was born there; however, his father moved the family away before Yorba Linda became a city. The Richard Nixon Presidential Library and Museum is therefore probably the most well-known and visited site in the city. Yorba Linda is known for having large residential lots as well as 30 horse trails, which are 100 miles (160 km) in aggregate length. Yorba Linda, city, Orange county, southern California, U.S. The area was explored by a Spanish expedition in 1769, and in 1801 Juan Pablo Grijalva received a Spanish land grant known as Rancho Santiago de Santa Ana; Grijalva’s descendants, the Peraltas and the Yorbas, inherited the land, and the Yorba family retained ownership until the mid-19th century. In 1907 part of the former Yorba land was sold to the Janss Corporation, which subdivided it and named the new city Yorba Linda (linda meaning “pretty” in Spanish). The city developed as a livestock, agricultural (citrus, avocados, tomatoes, and cabbage), and-with the establishment of the Pacific Electric Railroad line in 1918-transportation centre. Agricultural lands were retired with the post-World War II expansion of Orange county’s municipalities, and Yorba Linda is now a mainly residential community of the Los Angeles metropolitan area.

Nearby Cities:

Living Trust Attorney Fullerton, Living Trust Attorney Lake Forest

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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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