San Fernando Valley
Living Trust Attorney - Trust Administration Lawyer
Using Trust Instruments to Serve Our Clients' Needs
For many families, establishing a trust is an important tool in the estate planning process. The reasons vary for each person − such as avoiding probate, providing for the care of an aging parent, or minimizing estate tax liability. But when properly set up, they can be an effective means for accomplishing your goals.
At The Burbank Firm, L.C., our attorneys have considerable experience helping clients make sound estate planning decisions involving trusts. Contact us today to learn more about how we can help you. We serve clients throughout the San Fernando Valley and across California.
Types of Trusts
There are several different types of trusts that are important in estate planning. We can guide you through the choices, which include:
- Revocable Trusts - Also known as a living trust, a revocable trust can be useful in avoiding probate.
- Irrevocable Trusts
- Special Needs Trusts − These trusts are similar to conservatorships in making arrangements for someone who is mentally or physically unable to handle his or her own affairs.
- Special Needs Trusts
Creating a trust is not the right answer for everyone. The advantage of avoiding probate and allowing for an easier transfer of assets may be outweighed by the costs associated with establishing and maintaining the trust. The Burbank Attorneys, L.C. will help you clarify your goals, identify the legal options, and make a decision that works for you. We also handle all related issues of trust administration, to provide the comprehensive service our clients seek.
Contact us today to schedule an initial consultation about setting up a living trust, the handling of trust funds, and other estate planning options.