With a living trust, your assets (your home, bank accounts and stocks, for example) are put into a trust, they’re protected for your benefit during your lifetime, and then transferred to your beneficiaries when you die.
The assets held in your living trust could be distributed according to your directions without court supervision and involvement aka No Probate! Probate is a matter of public record, whereas living trusts are private.
Holding your assets under a Trust is better than YOUR NAME. This provides some privacy in the County Record.
You should consider a Living Trust if...
You own Real Estate
You own other significant assets (Cars, Bank accounts, Businesses)
You wish to avoid costly Probate
You want Protection from any Community Property laws not in your favor
You wish to own your assets privately/with privacy
You wish to build wealth along with protection
You have an illness/disability where you don’t expect to be able to manage your assets in the future
Discuss your case with our team during a free consultation