Talk to a Living Trust Attorney in Tracy, CA
Protect Your Legacy With a Living Trust Attorney
If you are concerned about maintaining control of your estate, a living trust, also known as a revocable trust, might be for you. With a living trust, a trustee of your choosing is in charge of the trust assets while you are alive. Most people choose to be their own trustees. You also designate who your successor trustee will be in the event of your passing. Your successor trustee is then empowered with managing your assets.
At Bakerink, McCusker & Belden, our living trust lawyers look forward to meeting you and discussing how we can help you safeguard your estate. We’ll provide you with all of the information you need to make the decisions that are appropriate for you and your family.
The Specifics of Living Trusts in Tracy, CA
With a trust, you have greater control over how and when your assets distribute to your beneficiaries. You are able to outline specific terms for your trust, ensuring your property is handled in exactly the manner you wish for it to be after you pass away.
However, trusts are not only for after your passing. They are also for helping you plan for unexpected situations, such as becoming incapacitated and unable to manage your trust any longer. You can specify in your trust documents exactly how you want the trust managed in these situations. For example, you can specify whether trust funds are to be used to pay for your care. You can also empower your successor trustee to handle your care, estate, and even bills and taxes.
Benefits of Hiring a Living Trust Lawyer
A knowledgeable living trust lawyer works with you to help you protect your assets and have your final wishes honored. We can create legally compliant living trusts, amend the living trust when needed, help you understand how to fund the trust, work with you to select your trustee and successor trustee, and help you maximize your estate planning benefits.
Our skilled living trust lawyer will help you create a trust that allows you to avoid probate, which is the court-supervised legal process involved in dealing with your last will and testament. Probate can be both lengthy and expensive, making living trusts a strong way to benefit your loved ones and save time, money, and stress.
Why Choose Us?
- Free consultations: If you are unsure if a living will is right for you, we can help you. Learn how we can help you with your estate planning with a free consultation.
- Experience: With something as important as a trust, you want the benefit of an experienced professional to ensure everything is handled neatly and in accordance with the law. We have been representing clients in Tracy, CA for over 35 years, so you can rest easy knowing we have that experience.
- Passion: You want an attorney that cares about you and your needs, not one that treats you like another cog in a machine. We are passionate about helping our clients, and are confident that we can deliver you an exceptional experience.
Frequently Asked Questions About Living Trusts
- What is a trust? A trust is an arrangement that allows a trustee to hold assets on behalf of a beneficiary or beneficiaries. Trusts allow you to specific when, and in what manner, your assets pass to your chosen beneficiaries.
- Why do I need a trust? Trusts avoid probate, allowing your beneficiaries to get access to your assets more quickly and with less expense.
- What is a trustee? A trustee manages your assets while you are still alive. Most people select themselves as their trustee.
- What is a successor trustee? Successor trustees manage your estate in the event of your passing or if you become incapacitated.
- Is a trust the same as a will? No, and in most cases, you will likely still want to have a will, especially if your trust does not cover all of your assets.
- Can a trust be changed? You can change the terms of your trust, including your trustee, your successor trustee, and your beneficiaries at any time. It is after your death that your trust can no longer be altered.
Contact Bakerink, McCusker & Belden in CA Today
Hiring the right lawyer is a critical step in ensuring that your estate is handled in precisely the manner you wish it to be. With over 35 years of experience, the team of living trust lawyers at Bakerink, McCusker & Belden are here to help you make this desire a reality. Contact us for a free consultation in Tracy, California today.