714-385-0044 detlaw@hotmail.com

Living Trust Attorney in Cypress CA

Cypress Living Trust Attorney

Let our highly experienced California living trust attorney help you protect your assets and save you and your family from high costs in the long run.

In California, a Living Trust is very often the preferred Estate Plan for many people.   The most common type of Living Trust in California is one that is revocable, which means that you have the power to amend and revoke the trust.

The power of revocation and amendment are important for clients in an ever changing world where financial and family circumstances continually change.

Living Trust Attorney Cypress CA

Living Trusts vs. Wills

Living Trusts and Wills are the primary Estate Planning tools as both allow you to decide who receives your money, property, and assets after you pass away, and who will manage, settle, and distribute your estate after you are gone.

The primary advantage of a Living Trust over a Will is that a Living Trust avoids the costly and timely necessity of putting the family through a Probate Administration.  Avoiding Probate saves the family thousands of dollars in the long run.

Living Trust in California is settled more quickly than the average Probate, and a Living Trust allows families to carry out Estate Planning in private.  Probate cases are a public record, and are open to anyone to inspect.

Flexibility

Living Trusts can incorporate special features to handle specific family dynamics.   These special approaches can include Special Needs Trusts for the care of a disabled child or family member; Pet Trusts; customized provisions for a “Blended Family” for second marriages that include children from prior marriages, adopted children, step-children, etc.; and “Spendthrift” provisions which protect a child’s inheritance from creditors, predators, and from themselves.

Helpful During Periods of Incapacity

If you are the trustee of your own living trust and you become incapacitated, your chosen successor trustee can manage the trust’s assets for you, very similar to an agent with power of attorney.

Estate Tax Planning

Estate and Gift Taxation issues can be avoided or minimized through the use of custom tailored Living Trust in California.

Counseling and Advice:  The Key Ingredient

The key ingredient in the crafting of a Living Trust or Family Trust is the counseling and legal advice I give each and every client as their personal lawyer.

I frequently counsel people who have experienced high-pressure sales pitches from non-lawyer “financial planners” purporting to offer living trusts.  These trust schemes hide the real goal, that is, to sell dubious and expensive annuity and insurance products; and more often than not, result in the client buying a useless “botched trust”.

Cypress, CA

Cypress is a suburban city located in the northern region of Orange County within Southern California. Its population was 47,802 at the 2010 census. The first people living in the area now known as Cypress were the Gabrieleno, a Native American tribe of the Tongva people, who were displaced soon after the arrival of the Europeans. The government of Spain then possessed the land until Mexico gained its independence in 1821. Mexico then lost AlCypress is a suburban city located in the northern region of Orange County within Southern California. Its population was 47,802 at the 2010 census. The first people living in the area now known as Cypress were the Gabrieleno, a Native American tribe of the Tongva people, who were displaced soon after the arrival of the Europeans. The government of Spain then possessed the land until Mexico gained its independence in 1821. Mexico then lost Alta California to the United States during the period following the Bear Flag Revolt and the Mexican-American War. The original Spanish dons held immense tracts of land throughout California, which were given in lieu of pay to Spanish soldiers. Manuel Nieto was one of the early Spanish dons or landowners in the area. After his death in 1804, his sons retained title to Rancho Los Nietos, but these lands were eventually broken up and distributed among them in 1833 by a grant from the Mexican governor, José Figueroa. Manuel’s son, Juan José Nieto, retained the title to a large portion of his father’s original properties in southern California that included the present-day area of Cypress. That land and other Rancho properties were finally sold to the American Abel Stearns, then acquired by the Robinson Trust, a group of investors, which eventually parlayed their holdings into a vast land speculation business. The original Spanish dons held immense tracts of land throughout California, which were given in lieu of pay to Spanish soldiers. Manuel Nieto was one of the early Spanish dons or landowners in the area. After his death in 1804, his sons retained title to Rancho Los Nietos, but these lands were eventually broken up and distributed among them in 1833 by a grant from the Mexican governor, José Figueroa. Manuel’s son, Juan José Nieto, retained the title to a large portion of his father’s original properties in southern California that included the present-day area of Cypress. That land and other Rancho properties were finally sold to the American Abel Stearns, then acquired by the Robinson Trust, a group of investors, which eventually parlayed their holdings into a vast land speculation business.

Nearby Cities:

Living Trust Attorney La Palma, Living Trust Attorney Los Alamitos

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Dwight Edward Tompkins, Esq.

Location

1122 E. Lincoln Ave., Ste 107
Orange, CA 92865

Tel :

+1 714 385-0044

Fax :

+1 714 385-0066

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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