What is a "Trust"? A Trust is a private contract that enables you to transfer control, use and enjoyment of your assets to others in the event of your disability or death. Assets titled in the name of your Trust escape court supervised process (avoids probate). Instead, your trustee (someone that you have designated in your Trust document) will take control of the Trust assets at the time of your disability or death and will ...
Estate planning involves an orderly strategy and your instructions of how to distribute your assets to your loved ones after your death and how to manage your assets in the event of your disability. Even though, any adult with sound of mind, has a right to dispose of his/her assets in any way he/she wishes (with the exception of disinheriting your spouse completely in California); However, if there is no estate plan done ...
