c. 2011 San Diego Real Estate Law
Do you need to Review your Will/Trust and
Estate Plan with an attorney?

You may need to review your will and trust if you have
experienced either a change in your Family Status or a
significant change in your Financial Status.

Changes affecting Family

1. Marriage
2. Divorce, Separation, Death of Spouse
3. Long Term Relationships
4. Birth, Adoption, Maturity, Marriage, Divorce of Children
and Grandchildren
5. Death in the Family or Beneficiaries
6. Serious Illness, Incapacity of Spouse, Child, or Beneficiary
7. Significant changes in relationship to beneficiary
8. Change of residency to another state or country
9. Change of Trustee

Changes of Financial Status

1. Significant changes in income, net worth, or assets
2. Disposal of assets in the will or trust
3. Change in employment
4. Change in business interests - partnerships,
corporations
5. Acquisition or disposal of property
6. Retirement

What are the goals for my Estate Plan?

I want to schedule a review of my Will/Trust/Estate
Plan.
Free Consultation
Call us Now
M-F 9 a.m. - 5 p.m.
619.322.5695

Email Us

Mailing Address
7040 Avenida
Encinas
Suite 104-285
Carlsbad, CA 92011

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c. 2016 San Diego Real Estate Law
Why are Living Trusts are a Necessity in Today's
World?

A living trust, also known as a revocable living trust or
inter-vivos trust, is vital to your
estate plan.  It gives
you a basket to place all your important assets in an
organized fashion during your life.  It is called a living
trust because it is created while you are living.  
Instead of having a deed, a bank account, a life
insurance policy, or whatever asset you may own in a
myriad of different places, it allows you to compile
those assets in one neat little place.  It allows your
appointed trustee to easily identify and access these
assets should you become incapacitated or pass away
without the necessity to go to a judge for
authorization.  It avoids the public exposure of your
private financial life in probate court.  

For June 2016 we are offering special pricing to new
clients.

We will draft a complete Estate Plan for your family
starting at $749.00.  This includes the following:
- Living Trust for your family
- Power of Attorney for Finances
- Advanced Health Care Directive
- Living Will
- Transfer of one Property into the Trust

Contact Us Now to Secure your plan at 619-322-5695.

Why are Living Trusts so important?

You may not know it, but you already have an estate
plan provided for you by the government.  That plan is
called probate.  Probate is essentially a lawsuit
between the family estate and the world.  If you die
with only a will or no will at all your assets will go
through probate.  Probate can be extremely costly and
quite lengthy a critical time.  Probate takes anywhere
from 8 months to 2 years to complete.  Probate is
contentious and often causes familial disputes.

How do I own property placed in the Living Trust?

All property placed in trust retains its original character
as community, separate or quasi community property.  
You may add property to the trust by titling any
account, deed, or similar asset in the name of the
trustee, as trustee of the living trust. Any designation
by someone other than you or a trustee of the living
trust, whether by will, deed, account title designation,
or similar transfer, will also be a transfer to the trust.
While you are alive, you may amend, revoke, or
terminate the living trust.  Property placed in trust is
taxed basically the same way as you are normally
taxed.

What is special about a Living Trust?

A trust is a legal relationship in which one or more
persons (the trustee or trustees) hold legal title to
property and manage it for the benefit of one or more
people (the beneficiary or beneficiaries).  On creating a
trust, the grantor has the power to include any lawful
provisions he or she wishes to govern the trust
relationship.  Since tax considerations are usually
important in the creation and management of a trust,
the powers, rights, and duties of a trustee are often
limited by the tax results desired by the grantor.

A trustee is generally required to keep trust property
separate from the trustee's own property, and the
property of each separate trust usually must be
identified as the property of the individual trust;
however, these requirements may be modified by the
trust instrument under which you are acting.  Even if
you are allowed to hold trust property in your own
name or commingle it with other property, separate
records and separate tax returns are needed for every
trust.

Modern trust instruments often contain provisions
allowing trustees to make whatever types of
investments are deemed to be in the best interest of
the trust and the beneficiaries.  Even though broad
powers are granted to you, these powers must always
be exercised for the best interest of the trust and the
beneficiaries.

Do I need a Living Trust?

What is the difference between a Will v. Living Trust?

Why should everyone have an Advanced Health Care
Directive?

What are the most recent tax laws that affect my
estate
planning decisions?

What should be the goals for my Estate Plan?

Schedule a review of your Trust
Call for Free Consultation
(619) 322-5695
SAN DIEGO ESTATE
PLANNING LAWYERS
(619) 322-5695