The process to set up a living trust in California is relatively straightforward and most people can do it themselves without having to hire a lawyer. To set up a living trust, you will need to know how you want to distribute your estate when you pass away. A People’s Choice can help you set up a living trust for a fraction of what it would cost to work with an attorney.
Need to amend a living trust? A People’s Choice offers non-attorney estate planning services and can help to amend your living trust. You can save hundreds of dollars to amend a living trust by using a regisered legal document assistant rather than hiring a lawyer. Here are the steps you need to amend a living trust.
A spendthrift trust is a great tool to protect, preserve, and pass on wealth to beneficiaries. What makes a spendthrift trust so special? This article will explain the benefits of a spendthrift trust.
Creating an estate plan with a trust or will will make sure your wishes are followed and your family is taken care of after your death. These estate planning tools can help protect your assets and limit your tax liabilities.
Having a trust isn’t only for the rich and famous. A trust can help you manage your assets while living as well as avoid probate upon your death. There are many financial and privacy benefits associated with trusts. Read on to learn about the many reasons to have a trust. What [...]
On June 27, 2016, Governor Jerry Brown signed SB 833. The bill greatly reduces the scope of California’s Medi-Cal Estate Recovery against the estate of the deceased. Effective January 1, 2017, more Medi-Cal recipients can now leave an inheritance to their family without having to pay back the State upon their death. Basically, the new [...]
Contrary to popular belief, estate planning is not a complicated process. At A People’s Choice, we have successfully helped many California residents set up a trust, will, durable power of attorney, advanced healthcare directive, and other estate planning documentation. Proper estate planning can be helpful before and after one's death. For example, good estate planning [...]
It is not uncommon for a person to forget to transfer assets into his/her trust. Contact A People’s Choice if you need help creating and funding a trust in California. Yes, it is important to create a living trust so your estate will avoid probate. However it is equally important to make sure your trust [...]
You have created your living trust and are getting your estate plans in order. The next step is making sure your living trust is properly funded with all of your assets. When you put a bank account into a trust, doing so will avoid having to administer the bank account in a probate proceeding. It [...]
When considering estate planning, real property owners often find themselves comparing a transfer on death deed vs living trust. A transfer on death deed and a living trust are both great estate planning tools to use when transferring real property to loved ones. Both tools allows the grantor to own and manage the property while [...]