Tag Archives: Reasons to have a trust

Top 10 Mistakes People Make in Estate Planning, Wills and Trusts: # 1 – Waiting Too Long


Procrastination is the number one mistake people make in estate planning. Everyone knows that death is certain to occur but uncertain as to timing. Despite this, numerous surveys suggest that more than half of adults in the U.S. fail to … Continue reading

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Top 10 Mistakes People Make in Estate Planning, Wills and Trusts: # 3 – Inadequate Planning for Adult and Minor Children


Many people mistakenly think that planning for children only applies to minors. Not so! While minor children certainly present unique planning issues, it is just as important to think through the needs of your adult children as well. Some of … Continue reading

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Top 10 Mistakes People Make in Estate Planning, Wills and Trusts: # 4 – Failure to Avoid Probate


California probate is well worth avoiding! Unlike many states, where probate of a will is a fairly quick and easy process, California probate is expensive, time consuming and very public. California probate is very expensive. The probate court filing fees … 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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