Securing You and Your Family's Financial Future
A living trust is a document that you set up while you are alive and can protect you and your family later on in life. While you are living, you are the trustee of the trust and the trust is revocable. You can modify the trust in any way you want and can change or add beneficiaries when needed.
At the Law Offices of Alice A. Salvo in Woodland Hills, California, we help clients establish living trusts by providing cost-effective solutions and services tailored to their needs. We know it is important to secure the financial future of you and your family. With more than 20 years of experience, we understand what challenges you may face and have the resources and knowledge to help you work through them. We are recognized throughout the legal community for our dedication to clients like you.
Benefits of Establishing a Living Trust
There are several benefits to setting up a living trust, such as:
- Avoiding a conservatorship proceeding: Once you become incapacitated and no longer can manage your financial matters, then a successor trustee of your choice can manage the trust on your behalf. The successor trustee can make distributions to you or for your benefit.
- Avoiding probate: If you transfer all the proper assets to the trust, it could result in a significant savings to your heirs and may avoid probate.
- Significant tax savings: With our assistance, we can help you properly set up a trust that can keep you from paying a substantial amount of estate taxes.
Contact a Woodland Hills California Asset Protection Attorney Today
If you have questions about setting up a living trust or want to make any modifications to an established trust, we can assist you. To schedule a free initial consultation with a Los Angeles County and San Fernando Valley living trusts attorney, call 818-676-9572, or fill out our short contact form.