Having a solid estate plan is one of the most important steps you can take to protect your family and your assets. A living trust can be a pivotal step for your estate plan, but it needs to be handled correctly. Every individual and family can benefit from having a living trust. Discover how our team at DP Legal Solutions to schedule a consultation with our San Leandro, CA living trust lawyer!
Living Trust Lawyer San Leandro, CA
A living trust, also known as a revocable trust, is a legal document that allows you to place assets into a trust during your lifetime. During this process, you typically serve as the trustee while you’re alive, where you can maintain control over your property. The trust can also name a successor trustee who will manage or distribute assets according to your instructions when you pass away or if you become incapacitated. The main advantage of a living trust is that it lets you transfer assets to beneficiaries without going through the probate process.
The probate process in California can be time-consuming. Probate is also expensive, and it can cause a lot of stress for your family. Besides this stress, the probate process can result in your wishes not being properly carried out, and it’s not uncommon for family disputes to pop up. A living trust can help your family avoid probate, reduce delays, and maintain privacy. These benefits are especially helpful if you have a lot of assets or multiple beneficiaries.
A living trust also offers flexibility and control. Because it is revocable, you can modify or cancel the trust at any time as long as you are mentally competent. This allows your estate plan to evolve as your life circumstances change. We recommend having your living trust regularly reviewed and updated, especially after major life events like getting married or having children.
Experience Matters For Living Trusts
Our experienced San Leandro living trust lawyer can help you, whether you need to start a living trust from scratch or need to update it!
- Attorney Phuong Duy Luong, known to many as Peter, has guided thousands of individuals and families through the estate planning process. He recognizes that planning for the future can feel overwhelming, especially when important legal and financial decisions are involved.
- Peter approaches every matter with careful attention to detail and a genuine commitment to his clients. His philosophy is simple: treat every person he works with like family. We offer clear, thorough guidance while taking the time to explain options, address concerns, and answer questions.
- We’re proud of our strong reputation, and we have received numerous positive reviews on Google and Yelp. Clients frequently highlight our personalized approach, noting that Peter takes the time to truly understand their goals, values, and long-term needs.
A living trust can be a powerful financial planning tool, but it also comes with its own requirements and considerations. Get the help you need today by calling DP Legal Solutions to schedule a consultation with our San Leandro living trust lawyer!
