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Trusts

 

If you own a home or have minor children, a living trust is for you. A living trust is similar to a Will in that both instruments ensure your estate is distributed to your beneficiaries in the manner you choose; however, unlike a will, a living trust takes effect during your life and allows you to avoid probate and a possible conservatorship.

 

A living trust, which can be amended and revoked per the trust terms, helps you:

 

(1) avoid the costs and delays of probate;

(2) control assets during your life should you become incapacitated;

(3) control out-of-state as well as in-state property;

(4) minimize taxes and expenses;

(5) keep your affairs confidential – as opposed to probate, which is a matter of public record; and

(6) reduce the likelihood of litigation – wills are easier for someone to contest than a trust.

 

There are many different types of trusts and Stephen Grant will help you select the best trust for you and your family.

 

Call (213) 545-1331 today to have Stephen Grant  draft or change your trust, or contact us to ask Stephen Grant a question.

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DISCLAIMER: The information on this website is for 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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