Legal Professionals For Revocable Trusts In Fremont
There are two main types of trusts: a revocable or living trust, and an irrevocable trust. A revocable trust is by far the most utilized in California and simply refers to a trust that is set up during someone’s lifetime and managed while they are still living. All assets go into the trust, including bank accounts, stock certificates, real estate titles and more. This is what is called “funding” the trust, and must take place in order for the trust to be considered valid. The goal of setting up a living trust is to avoid probate in the future; however, the trust must be properly set up and funded in order for that to happen.
A Revocable Trust Can Help Minimize Taxes And Eliminate Probate
By working with a skilled Fremont estate planning attorney that specializes in revocable trusts, you can be sure that you will be able to avoid the probate of your estate upon your passing. In the state of California, the probate threshold is $150,000. If your assets are more than that amount, your estate will have to be probated.
Speak With An Experienced Lawyer At The Law Offices Of Angelo J. Lagorio
By speaking with a skilled California revocable trust attorney at our office today, you can take a proactive approach to your assets and your estate, and help protect your loved ones even after your passing.
Setting up a revocable trust generally isn’t something you can do on your own. There are websites out there that offer templates to build a trust, but without an attorney to help you understand what the trust says, what good is a template? With the help of a professional attorney from the Law Offices Of Angelo J. Lagorio, you can be confident that you are setting up your trust as efficiently and cost effectively as possible.
We have assisted many individuals and families with revocable trusts and understand what it takes to put together a living trust that will protect your rights, your assets and the rights of your loved ones after your death.
Call To Discuss How A Revocable Trust Can Benefit Your Family
Contact us today for a free consultation to discuss your case by calling 925-750-8757. Our goal is to provide you with the information and legal advice you need to be able to make informed decisions about important matters that have the potential to significantly impact you and your loved ones.