Benefits of Laguna Hills Estate Planning Lawyers
Our Laguna Hills estate planning attorneys assist will incorporate a living trust into our client overall estate plan. Living trusts avoid probate and additional costs and risk of such a structure are typically not costs prohibitive. This type of trust is called “living” because it is created during one’s lifetime. The major benefit is that it is “revocable” meaning that it can be changed or rewritten as often as desired.
How Laguna Hills Estate Planning Lawyers Work
A qualified Laguna Hills trust and estate attorney, can effectively draft a legal document which allows a client to transfer ownership of titled and personal and real property from their name to a trust. Once property is transferred, the trust – not the individual – becomes the legal owner of such property. Although the individual no longer technically owns the property, he/she can remain in control of all assets in the trust as long as he/she lives and remains competent. Our Laguna Hills will & trust lawyers helps clients determine whether a trust is appropriate for them and assist in navigating through the process of creating a trust.
Laguna Hills Estate Planning Attorneys
As an estate planning firm based in Southern California, we draft comprehensive estate planning and advise on trusts, wills, healthcare directives, power of attorneys, college saving plans, educational trusts, qualified tuition programs, education IRA’s and Coverdell education savings accounts for a full range of clients from high net worth to working class.