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We are experienced in trusts, living trusts, & wills, offering personalized service to our clients in Los Angeles and throughout California.

We will answer all of your questions and listen as you share your goals, concerns, and objectives.

We’ll map out your options and the various types of trusts whether it is a living trust or irrevocable trust, so you can make educated, informed decisions about what is best for your family.

Then, if we decide we’re a good fit to work together, we’ll discuss next steps. And if not, that’s fine too!

Living Trust Attorney Los Angeles | Living Trust and Wills Estate Planning Attorneys

Uncertainty surrounds the future, and none of us are promised tomorrow.

  • Have you ensured the security of your loved ones in the face of unforeseen circumstances?
  • What if you become incapacitated or are no longer here?
  • Have you safeguarded your property against possible long-term care expenses?

Consider a life where these concerns don’t plague your thoughts.

Our goal is to enlighten our clients, ensuring that they are familiar with their finalized plan, and feel prepared to tackle whatever life throws at them!

Creating a trust involves complex legal procedures and requires a deep understanding of estate laws. A trust attorney can guide you through this process, ensuring your trust is legally sound and aligns with your estate planning goals. 

At Sage Legacy Law, our estate planning practice includes areas of trust creation, trust administration, and trust funding. We assist clients in setting up both revocable living trusts and irrevocable trusts, tailoring each trust to the unique needs and goals of the client.

Secure the future for your loved ones. Together, we can craft a plan that truly reflects your values, wishes, and legacy. 

Understanding Trusts

A trust is a fiduciary arrangement that allows a third party, known as a trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.

There are several roles involved in a trust:

  • The Grantor: This is the person who creates the trust, and usually, the one who provides the assets.
  • The Trustee: This is the person or organization that holds and manages the assets. The trustee is obligated to manage the trust’s assets in the best interest of the beneficiary.
  • The Beneficiary: This is the person or people who will eventually receive the assets in the trust.

Trusts can be an effective way to ensure your assets are managed and distributed according to your wishes, both during your lifetime and after your death.

The Role of a Trust Attorney in Estate Planning

Trust attorneys play a crucial role in estate planning. They provide the legal expertise needed to set up a trust that meets your specific needs and goals. At Sage Legacy Law, we are committed to providing our clients with comprehensive, personalized trust services.

Choosing a Trust Attorney in Los Angeles

Choosing the right trust attorney in Los Angeles is a critical step in securing your legacy. At Sage Legacy Law, we understand the importance of this decision and are here to provide you with the expert, compassionate service you deserve. Contact us today to learn more about our trust services and how we can assist you in your estate planning needs.

What Is a Living Trust in Los Angeles?

A revocable living trust, also known as a revocable trust or a living trust, is a type of trust that can be amended or revoked at any time during the grantor’s lifetime.

This flexibility allows you to maintain control over the trust assets and make changes if your circumstances or wishes change.

Benefits of a Living Trust

The primary benefits of creating a living trust in California include:

  • Avoiding Probate: In California, estates that are worth more than a certain amount and are not otherwise disposed of (like through a trust) must go through probate, which is a court-supervised process of distributing the deceased’s assets. Probate can be time-consuming and costly. Further, the records are public.
  • Privacy: Unlike a will, a trust is a private document and does not become part of the public record. This can keep the details of an estate and who inherits what private.
  • Planning for Incapacity: A living trust can help manage your affairs if you become unable to do so. If you become incapacitated, the successor trustee can manage your assets without the need for a court-appointed conservator.
  • Efficiency: After death, assets held in a trust can be managed and distributed by the trustee without court involvement, speeding up the process of settling your estate.
  • Flexibility: Because you can change or revoke the trust at any time, you have the flexibility to manage your assets as you see fit.
  • Cost-Saving: Establishing a living trust can provide cost savings by allowing assets to pass directly to beneficiaries without going through probate, which can be a lengthy and expensive legal process.

Irrevocable Trusts

An irrevocable trust, on the other hand, is a type of trust that cannot be amended or revoked without the consent of the beneficiaries once it has been established.

This means that you generally cannot change the terms of the trust, remove assets, change beneficiaries, or terminate the trust without the beneficiary’s agreement.

Benefits of an Irrevocable Trust

The benefits of an irrevocable trust include:

  • Asset Protection: Because the assets in an irrevocable trust are not considered to be owned by you, they are typically protected from creditors and lawsuits.
  • Estate Tax Benefits: Assets held in an irrevocable trust are not considered part of your estate for estate tax purposes, which can result in significant estate tax savings.

Understanding the Services of a Trust Attorney

Key Practice Areas of Trust Attorneys

At Sage Legacy Law, our estate planning practice includes areas of trust creation, trust administration, and trust funding. We assist clients in setting up both revocable living trusts and irrevocable trusts, tailoring each trust to the unique needs and goals of the client.

Our Living Trusts Services

At Sage Legacy Law, we offer a range of services related to revocable and irrevocable living trusts. These include:

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Trust Creation

We can help you set up a trust that is tailored to your specific needs and goals.

Trust Administration

We can assist trustees in managing the trust, including distributing assets to beneficiaries.

Trust Funding

We assist in transferring assets into a living trust, ensuring proper titling and documentation to maximize the benefits and effectiveness of the trust.

Contact the Living Trust Attorneys of Sage Legacy Law Today

If you have more questions or would like to schedule a Peace-of-Mind Planning Session, please contact us at Sage Legacy Law. Our experienced trust attorneys in Los Angeles are ready to assist you with your estate planning needs.

Whether you are considering a revocable living trust or an irrevocable trust, Sage Legacy Law is here to provide you with the personalized, compassionate service you deserve.

Trusts can be a complex area of law, but with our guidance, you can navigate it with confidence. Contact us today to learn more about our trust services and how we can assist you in your estate planning needs

Living Trust Attorney Los Angeles CA

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