Many families find themselves bound by outdated trust arrangements that no longer serve their needs. Fortunately, there is a solution called trust decanting, and it is helping California families adapt their trusts to modern realities. What is trust decanting? Trust...
Many parents aspire to give their children the best start in life, often through education. Still, the costs associated with education, especially college, continue to rise each year. As a parent, how can you ensure this dream persists, even when you are no longer...
Have you ever wondered how to protect your assets and ensure their distribution according to your wishes after you pass? A living trust might be the ideal solution for you. However, creating a trust is just the first step; funding it is equally crucial. It is...
Major life changes—marriage, divorce, the birth of a child—can all lead to an individual considering their end-of-life choices. Estate planning, then, becomes a crucial step in achieving peace of mind. Within that larger rubric, though, estate planning requires...
When you establish a trust, you are ensuring your assets remain secure for your loved ones after your passing. Years of careful planning can go into creating this powerful estate planning tool, with a capable trustee at its core to manage your legacy. But what if the...
Is your trust up to date? Many people create trusts and forget about them. While they are an incredibly powerful estate planning tool, trusts need regular maintenance to remain effective. Circumstances can change over time, and your outdated trust may no longer...
Creating a trust as part of your estate plan is a great way to ensure that your assets are distributed the way you want after you die. But, with so many different types of trusts available, it can be difficult to decide which one is right for you. In this blog post,...
A living trust is one of the most useful estate planning tools. Its flexibility ensures that you are in control until the very end, and even then, the terms of the trust will prevail after you are gone. However, you need to get everything right when funding a living...
Many people include trusts in their estate plans or even in their long-term care planning when they get close to retirement age. Trusts can reduce the value of your estate, help you qualify for Medicaid or protect your assets from taxation and creditor lawsuits....
A living trust, just like a will, is an important estate planning tool that lets you spell out who will get your assets when you pass on. A living trust allows you to “put assets” into it. You can put different types of assets such as bank accounts and stocks in your...
