Los Angeles Trust Administration Lawyer
Legal Trusts in Estate Planning
A living trust is usually the best way to avoid the time and expense of a probate of your assets at your death, as well as the risk of costly probate litigation. The trust essentially acts in place of a writing a will to make sure that your property passes to your beneficiaries with a minimum of hassle and taxation . When a person has created and funded a living trust, the administration of his or her assets after death can be very simple. The successor Trustee is required by law to give certain notices and information to beneficiaries. A knowledgeable Los Angeles estate planning lawyer can assist the Trustee to complete all required tasks and distribute assets from the post-death estate to the rightful beneficiaries as quickly as possible.
Another important advantage of the living trust is that it allows your designated successor Trustee to promptly take over the management of your affairs if you should become unable to do so due to illness, accident, Alzheimer's, etc. This avoids the potentially embarrassing, expensive and lengthy court process of a conservatorship. It is extremely important that all assets which are to be included in your trust, such as real property, savings accounts, stocks and bonds, etc. are actually titled in the name of the trust .
Estate Planning Attorney for Trust Administration
The legal team led by Julia McBride is a small and dedicated law firm, focused on providing the highest quality guidance to families at any stage of the estate planning process. Ms. McBride is c ertified as a Legal Specialist in Estate Planning, Probate, and Trust Law by the State Bar of California Board of Legal Specialization, and the attorneys of the firm are supported by a full staff to meet your needs. They make it a priority to maintain communication with the client throughout the case and they take responsibility to see that the entire procedure is conducted as swiftly and efficiently as possible. Whether you want to establish a trust or if you are involved in the administration or need high quality legal representation in financial fraud tort litigation for mismanagement or financial crimes, they will consult with you to determine the best strategy for your objectives.
Contact a Los Angeles trust administration lawyer for comprehensive legal services in the area of trusts and estate planning.