Category Archives: Trusts

Discussion of Revocable Living Trusts (inter vivos trusts), Irrevocable Trusts, ILIT Life Insurance Trusts, Special Needs Trusts, and Trust Administration.

5 Things People Forget in Their Estate Plan


Remember These 5 Important Things in Your Will or Trust. Think you’ve thought of everything?  Consider these five things people commonly forget: 1. Digital Assets. Keep a list with your Will that identifies accounts, bills, email addresses – everything you … Continue reading

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20 Advantages to Having a Trust (Part F: Trust Protectors) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part F: Trust Protectors. 19. An executor can’t change your Will, but a trust protector can change … Continue reading

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20 Advantages to Having a Trust (Part E: Easier Planning Than Using a Will) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part E: Trusts Are Easier to Use than Wills. 17. A Will is easier to challenge than … Continue reading

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20 Advantages to Having a Trust (Part D: Better Tax Planning) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part D: Trusts Offer Better Tax Planning. 15. A trust allows you to take advantage of marital … Continue reading

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20 Advantages to Having a Trust (Part C: Protecting Loved Ones) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part C: Trusts Allow You to Better Protect Your Loved Ones. 9. A trust can protect … Continue reading

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20 Advantages to Having a Trust (Part B: Avoiding Probate When You Die) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part B: Trusts Avoid Probate When You Die. 5. California probate is time consuming and a … Continue reading

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20 Advantages to Having a Trust (Part A: Planning for Incapacity) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part A: Planning for Incapacity. Dementia, Alzheimers, Coma, etc. 1. A trust avoids the probate court. … Continue reading

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What to Expect When You See a Lawyer About Estate Planning (Part Two)


What Happens in the Estate Planning Process After the Initial Consultation. Different lawyers conduct estate planning in different ways.  Part One of this post topic explored the initial consultation. This post discusses what happens after that consultation. The basic phases … Continue reading

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What to Expect When You See a Lawyer About Estate Planning (Part One)


What Happens When You See a Lawyer About Estate Planning? The basic phases of estate plan creation are: initial consultation; information gathering and planning; drafting; review; and signing. Afterward, there are funding steps and there should be ongoing review and … Continue reading

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How to Plan for My Pet After I Die


Estate Planning for My Pet There are many options for planning for your pets after you die.  The only option you don’t have is to direct that your pet be immediately put down. Believe it or not, some people ask … Continue reading

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