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Powers of Attorney & Advance Health Care Directives |
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Trust Administration
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LIVING TRUSTS & WILLS The Revocable Living Trust is a wonderful estate planning tool which is designed to avoid a probate court proceeding at your death and to insure privacy by not having to file a probate inventory with the court which becomes open to the public view. The Revocable Living Trust also provides for the administration of your trust property and estate in the event of your disability or incompetence. Without it, your loved ones may have to file with the court for a guardianship or conservatorship over you and your estate which can be very costly proceedings as well as very public. You have complete control of the Trust during your lifetime as you are the Trustee ("administrator"). When you become disabled or unable to carry on your duties as Trustee, you name someone whom you trust to take over those duties for you ("Successor Trustee"). At your death the Successor Trustee transfers your property to your beneficiaries without the necessity of a probate court action. Besides avoiding the cost of a court probate proceeding, a trust can avoid the payment of federal estate taxes which are imposed by reason of your death.
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Two Offices To Serve You |
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| California Office | Washington Office |
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500 E. Olive Avenue Burbank, CA 91501-2132 Telephone: (818) 841-2266 Facsimile: (818) 841-2288 |
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Office Box 2429 Poulsbo, WA 98370-9127 Telephone: (360 297-8800 Facsimile: (360) 297-8808 |
