When you consider estate planning options in California, one of the alternatives that you will want to consider is a living trust. A living trust offers several benefits that a will does not.
Living Trust Benefits
When you create a living trust, your assets are placed in a trust until the time of your death, when they are distributed to your designated beneficiaries. A will, for example, can only determine what happens to your assets when you’re gone, but a living trust can also work for you while you’re still here. Discuss your own situation and learn more about living trusts by speaking promptly with an experienced Orange County estate planning attorney. The sooner you make the call, the sooner you’ll have the peace of mind that proper estate planning provides.
With a living trust, you avoid probate and maintain your privacy. Probate isn’t only expensive – it can sometimes take months or even years. A living trust permits your wishes to be quickly executed without the delays, costs, and procedures that probate requires. Moreover, a will is a public record. A living trust is not. When you create a living trust, no one can casually check public records to learn about your finances.
Is a Living Trust Right for You?
These are only several of the benefits of a living trust. Is a living trust right for you? It depends on a number of factors. An experienced Orange County estate planning attorney can help you create a living trust or suggest another estate planning option that might be more appropriate to your own circumstances. A good estate planning attorney can determine and create the estate plan that is right for you. The legal advice, insights, and services you need are only a phone call away. If you want to discuss the living trust option and your other estate planning alternatives with an experienced Orange County estate planning attorney, don’t wait. No one knows what tomorrow holds. Make the call today.