Estate Planning

Do you own a home in California?  Do you have gross assets in excess of $50,000.  Good News, you need a Revocable Living Trust to protect your assets from going through probate.

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A revocable living trust is a fairly simple way to protect your assets and your heirs.  With a Revocable Living Trust, you transfer your assets into the trust to be held by you and, to be managed by you, until your death. Generally, upon your death, the trust agreement provides that the property shall go to the named beneficiaries according to your specific instructions.

 

Avoiding probate and assuring privacy are two of the main advantages of a living trust.  Probate is a costly and public court process that we can avoid with proper planning.  You get to enjoy all income from the trust assets during your lifetime.

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Moreover, you never lose control of your property because you can always terminate, modify or revoke the trust and reclaim the assets.

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While, a living trust can cost more than a will, but it can be well worth it. You have taken care of your family all your life and you want to ensure that they are well cared for in the event of your death or that of your spouse

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At the Law Office of Albert Le, we can set up a living trust which will help you avoid the cost and time of probate for your family and beneficiaries.  This will protect you and your family in case you pass away, become sick or hospitalized, or lose mental cognizance and cannot manage your own affairs.

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Let our San Diego attorneys help you avoid uncertainty by setting up a living trust. You will get to designate how your assets are distributed, set up healthcare directives and more. If you have ever wondered about the best way to get your affairs in order, we encourage you to consider having us draw up a living trust. Our living trusts are comprehensive and will protect you from the unknown.