Call for a FREE Consultation

Living Trust Attorney

Living Trust Attorney

Living Trust Attorney Palmdale, CaliforniaIf you have assets that you wish to pass on after your death, you should speak with a living trust attorney about your legal options. A living trust can allow you to transfer possession of your property while avoiding the difficult probate process. However, you must follow laws that address how you create a living trust.

An estate planning attorney can help you create and manage a living trust so that your wishes are carried out. Call Herbert Law Office today to learn more about estate planning.

What Is a Living Trust?

A “living trust” is one that you create while you are still alive. This differs from one that you may create through a will after your death.

A trust is an arrangement usually created by a document, through which a trustee controls property for a beneficiary. The trustee is the legal title holder and may be the original owner who created the trust, or it may be another person. The beneficiary is the person who will eventually receive the title to the property. A person may be the trustee of their own trust. This allows you to maintain control over your own property until it transfers to the beneficiaries.

Why Should I Create a Living Trust?

A living trust allows you to allot property to beneficiaries prior to your death. Upon your death, that property will be automatically transferred. This avoids the lengthy and sometimes costly probate process.

Probate is a court-supervised process that involves using your assets to pay debts and distribute assets to heirs. It also involves paying taxes on your estate. Probate often takes months or years to process. Moreover, the court may use some of the inheritance for attorney and court fees. A living trust automatically transfers ownership of specific property or assets to a beneficiary.

A living trust attorney can help you understand whether a living trust is right for you and your assets. It’s best to work with a lawyer who can evaluate your situation and help you determine if avoiding probate is right for you.

How Long Does It Take to Get Property Through a Living Trust?

While the probate process can take months or years, a living trust typically transfers property in a matter of weeks. Because the process is automatic and transfers outside of your will and other court processes, you are able to skip much of the legal process. When property is fully transferred to beneficiaries, the living trust typically ends and no longer exists. The living trust exists solely to create an efficient method of transfer from the trustee to the beneficiary.

How to Create a Living Trust

Living trust attorney in Palmdale, CACreating a living trust is similar to creating a will. It is important to use the proper language and establish a valid living trust that will avoid probate and transfer property after death. You must specifically name trustees, beneficiaries, and more in a living trust. While it isn’t difficult to establish a living trust, having a living trust attorney guide you through the process will ensure that you avoid any mistakes, as well as address any challenges that may arise.

It is not typically expensive to create a living trust. You can draft these documents quickly and include the proper information to transfer ownership of property. While it’s important to include specific information, you can generally provide all necessary information in one meeting with your attorney.

Is a Living Trust Public Information?

A will often has to be publicly recorded to go through the probate court process. However, a living trust does not go through the probate process. It is not managed in a public venue. Thus, it is not public information. If you wish to transfer property and assets in a private manner, a living trust can give you a method of transfer. This can be helpful when you are leaving property to people other than your immediate family.

Can a Living Trust Avoid Creditors?

While a living trust does automatically transfer property, it does not automatically exclude property from your estate. If you owned property that you’re transferring through a living trust, then that property is still part of your assets. Debt associated with that property may therefore follow it. For example, if you owe money on a house, but transfer that home to your children, then that debt follows the property. The creditor may even demand payment of the debt upon your death.

A living trust attorney can evaluate your assets and the property that you wish to transfer. He can also help you understand how it will be treated after your death. It’s best to understand the process and how it will impact your heirs when the property transfers through your living trust.

Call a Living Trust Attorney for Help With Your Estate Planning

Estate planning can be extremely complex. You may not be sure about the best method of transferring your assets to your beneficiaries. A living trust attorney can help you do this while avoiding the probate process. Call Herbert Law Office today for more information.

Request a
Free Consultation

What Our Clients Say

  • Steve and I enjoyed your professionalism, service, and care in making us feel like we were your VIP clients. We would love to recommend Herbert […]

    ~ Stephen & Margaret P., Mojave

    unum disability claims
  • Great experience. Marc explained everything and gave us all the time we needed to review the documents.

    ~ Kris and Sharron W., Tehachapi

    unum disability claims
  • Pleasant and good information. We felt comfortable through the difficult decisions and never felt pressured.

    ~ Floyd and Agee R., Ridgecrest

    unum disability claims
  • Marc and his staff put my mom’s trust on their top priority because she was hospitalized.

    ~ Louiese H., Palmdale

    unum disability claims
  • Very professional and approachable.

    ~ James and Cecelia M., Palmdale

    unum disability claims
  • Friendly and professional.

    ~ Tomas and Mary C., Lancaster

    unum disability claims
  • Very friendly and easy to work with.

    ~ Michael and Carole S., Acton

    unum disability claims
  • Very helpful, easy to understand. Felt very comfortable.

    ~ Judy W., Lancaster

    unum disability claims
  • (Marc) was very helpful and professional … patient answering all of our questions with cogent explanations.

    ~ Terry and Nancy L., Palmdale

    unum disability claims
  • Very pleasant and staff extremely helpful … open and honest.

    ~ Steve F., Quartz Hill

    unum disability claims
  • Excellent. Pleasant and well-informed …you educated us.

    ~ Raymond and Lori G., Santa Clarita

    unum disability claims
  • Explained everything well. Always available when our schedule changed. Easy to work with.

    ~ Mark and Suzanne F., Lancaster

    unum disability claims
  • Excellent. Easy process.

    ~ Michael and Susan R., Quartz Hill

    unum disability claims
  • Very efficient … (we appreciate) your attention to detail, ability to explain documents in “plain” English, good response time.

    ~ Thomas and Bonnie G., Tehachapi

    unum disability claims
  • We just kept putting it off. Thank you for your patience … (and) one-on-one personal contact.

    ~ Rex and Denise H., Acton

    unum disability claims
  • Very pleasant, patient and accommodating. Great listener … (the) Antelope Valley community should be proud of having such a caring and wonderful person like you, […]

    ~ Hovsep M. and Anna A., Palmdale

    unum disability claims
  • Excellent. Very professional, great attention to detail, seemed to really care … (and) answered all questions.

    ~ Daniel and Linda L., Ridgecrest

    unum disability claims
  • Personable, knowledgeable, explains well. Very happy with the courtesy and expertise in handling our Trust.

    ~ Anthony and Susan C., Lancaster

    unum disability claims
  • It was an easy experience for a hard thing to do. (Marc is) very easy to speak with and made everything easier to understand. We […]

    ~ Bruce and Christina Z., Tehachapi

    unum disability claims
  • (You) were always following up to make sure we had all we needed. Great service … provided a lot of information.

    ~ Carlos and Claudia O., Palmdale

    unum disability claims
  • Excellent. Very informative …friendly … (and) explained things clearly.

    ~ Robert and Joan W., Lancaster

    unum disability claims
  • Marc was great at understanding our needs and he and his staff are so responsive in providing what we need, how we need it … […]

    ~ James and Linda J., Palmdale

    unum disability claims
  • (We appreciate your) thoughtfulness, friendliness and fairness to walk us through the process and helping set up a Special Needs Trust

    ~ Dale and Meryl Z., Tehachapi

    unum disability claims
  • Friendly and welcoming atmosphere. We enjoyed working with Marc. He took time to explain and answer all and any questions … (You) did not rush […]

    ~ Keith and Susan I., Acton

    unum disability claims
  • Marc took his time explaining everything thoroughly to us and answered the many questions we asked. We have busy conflicting schedules, so at times we […]

    ~ Sharron K. and Bonnie M., Palmdale

    unum disability claims
  • Very professional staff … (Marc’s) first hand knowledge of the law (was very important)

    ~ Janet B., Lancaster

    unum disability claims
  • Excellent learning experience … (we appreciate your) expertise in the field.

    ~ Danny and Diane T., Ridgecrest

    unum disability claims
  • (My experience) was quite relaxing and worry-free … (Marc is) honest and answered any and all questions that I had leaving me with good feeling […]

    ~ James G., Lancaster

    unum disability claims
  • Excellent. Very professional and on the other hand very open, which made covering sensitive subjects a lot easier. (Marc is) easy to talk to.

    ~ Wilfred and Julia L., Palmdale

    unum disability claims
  • (Marc) was very patient with (me) … (and) anyone with assets and heirs (would benefit from his services).

    ~ Marcy W., Leona Valley

    unum disability claims
  • It is not fun to plan for one’s death, but you helped us be comfortable. You were very considerate to our needs, especially when it […]

    ~ John and Diane H., Palmdale

    unum disability claims
  • You and your staff were professional, helpful and patient … We took a long time getting everything together and you helped us and were patient […]

    ~ Jerry and Gloria V., Palmdale

    unum disability claims
  • Excellent. Very knowledgeable and helpful 🙂 … Your office was very helpful and persistent in keeping in contact with us during a very chaotic year. […]

    ~ Christopher and Naomi E., Temecula

    unum disability claims
  • We were in good hands with Marc’s expertise through every step. He was thorough. We didn’t feel rushed. We know that you are working for […]

    ~ Randy and Rebecca T., Lancaster

    unum disability claims
  • It was a well-paced comfortable experience

    ~ Richard and Clara H., Quartz Hill

    unum disability claims
  • Excellent. Professional and caring … (I liked) being able to contact you to answer my questions.

    ~ Dwight and Paula C., Palmdale

    unum disability claims
  • It was a pleasant and easy experience working with Marc …. Everyone who believes they and their family will “be alright” without a will and/or […]

    ~ Don and Michelle W., Lancaster

    unum disability claims
  • Marc is friendly and easy to talk to, very helpful. Marc explained everything clearly (and) patiently answered questions.

    ~ Evelyn G., Lancaster

    unum disability claims
  • Everyone is so patient with us and our situation. You’re easy to talk to and share personal stories that help (us) think through (our) own […]

    ~ Michael and Sharon W., Tehachapi

    unum disability claims