As part of your estate planning needs, you must consider a living trust, often referred to as a revocable or \u201cinter vivos\u201d trust. If you are a California resident and have more in than $100,000 in assets, a living trust will help you avoid probate or conservatorship down the road. If your estate goes into probate or conservatorship, it can cost considerable time and money for resolution. Also, court documents are eventually made public \u2013 which can lead to an unfortunate loss of privacy.<\/p>\n
A trust is a legal arrangement under which one person is designated a “trustee.” He or she will hold the legal title to property for another person, the beneficiary. You will be the trustee of your own living trust, so you retain full control over all property held in the trust. A “living trust” is a trust you create while you are alive, instead of one which (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" As part of your estate planning needs, you must consider a living trust, often referred to as a revocable or \u201cinter vivos\u201d trust. If you are a California resident and have more in than $100,000 in assets, a living trust…<\/span><\/p>\n