Living Trust Services
Numerous things can be done with a living trust. It can divide your estate in the same manner as a will, hold assets for the benefit of children who are still in their infancy, benefit a charitable organization or a scholarship program, or even benefit your pets. It is extremely flexible and is only constrained by a handful of restrictions. For instance, your living trust cannot serve illegal objectives or aid terrorist or organized crime groups. Beyond these few limitations, your living trust’s parameters are essentially constrained by your creativity. These are just a few examples of how your living trust can be designed to look after the people and organizations that are significant to you.
A living trust is one of the best tools you may use if you want to dodge the probate proceedings. With a living trust, your estate can be distributed in accordance with the terms of your trust agreement without the requirement for court supervision. By avoiding probate, you can keep your privacy intact, expedite and streamline the procedure, and eventually save a significant amount of cash.
The estate plan package includes;
- Revocable living trust
- Personal property memorandum
- Assignment of personal property
- Declaration of trust
- Certification of trust
- Trust transfer grant deed (if needed)- for properties within California only
To learn more, read our blog posts ‘Top Reasons to Have a Trust‘ and ‘How To Set Up a Living Trust in Sacramento, California‘