top of page

How To Create A Living Trust In California

Updated: Dec 1, 2022

The Why's And How's Of Creating A Living Trusts In California

You have a range of alternatives when drafting your estate plan for deciding what will happen to your possessions after your passing. Some people are content with a straightforward will.


Still, will have substantial restrictions regarding safeguarding your assets and regulating the specifics of how they will be distributed. Adding a revocable living trust to your will is one approach to strengthen your estate planning strategy.


Here are a few tips on why and how you can do that, as advised by our prescreened living trust lawyers in Los Angeles.


california living trust lawyer

Living Trust Vs. Will In California

So, what is a living trust in California? How is it different from wills?


A will is a written document that outlines who gets what and who's in control and complies with all legal requirements in the California Probate Codes. A will only take effect after your passing.


A California living trust is an integrated document. It enables you to manage your assets while you're still living. In addition, it offers a quick and easy method of distributing your assets after your passing without the need for a court order.

Because your instructions and wishes are expressed contractually following the California Probate Codes, the living trust document integrates your wishes with the state's probate laws. As a result, there won't be any need for a court hearing or a probate proceeding after your death.

To ensure your estate planning documents reflect how you want your assets to be handled, contact a prescreened living trust lawyer in Los Angeles.


What Advantages Do Revocable Living Trusts Offer In California?

A revocable living trust designates how your assets can be used both now and in the future. However, in contrast to other forms of trust, a revocable living trust allows you to access and use the assets for as long as you live. You may also alter the trust's terms at any moment or revoke the trust altogether.


Comparing a living trust to other estate planning techniques, particularly irrevocable trusts that restrict your control over and access to the assets, this flexibility is one of the living trust's most salient advantages.


The assets held by a revocable living trust are immune from California's probate, which is another significant advantage. This implies that you can decide how the assets are dispersed without relying on your estate's executor or an administrator.


Instead, you can make specific arrangements for their distribution that will go into effect after your passing. Additionally, trust distributions are significantly more private than probate distributions, which are public information. Contact a Los Angeles living trust attorney to help you manage, organize, and put things into paper.


los angeles living trust lawyer

The Steps To Fulfill California Trust Requirements


A California trust lawyer would typically walk you through the following steps to create a living trust:

1. Selecting A Trustee

A revocable living trust often names a trustee for the trust's duration. If you decide to act as your trustee, you will oversee the assets for however long you can.


If you believe someone else is better suited to administer the assets, you can also appoint them as the trustee. In any case, it's crucial to designate a successor trustee who will oversee the distribution of the assets after your passing or if you become incapable of managing them while you're still alive.

2. Naming Your Beneficiaries

The revocable living trust's beneficiaries can be anyone you choose. The spouse, children, grandchildren, and other dependents or relatives of the grantor, as well as charitable organizations, are typical beneficiaries.

3. Deciding What Assets To Include

Depending on your requirements and preferences, you can give trust control over assets from your bank accounts, investment portfolios, home, and other real estate properties.

4. How Will The Assets Be Used Or Distributed?

After passing, you can choose how the assets will be distributed to your dependents and beneficiaries. For example, you might want to specify whether some assets should be distributed immediately or in installments over time.


Another option is to provide a time frame after which payouts will start, such as when the assets mature or when your beneficiaries reach legal adulthood.


california living trust

Do you need a California trust lawyer? 1000Attorneys is a State of California Certified Estate Planning Lawyer Referral Service that can refer you to a prescreened California lawyer in minutes. Contact us through our 24/7 live chat (or complete our case details submission form) for a free initial consultation.

California State Bar Certified Lawyer Referral And Information Service

Welcome to 1000Attorneys.com, a Lawyer Referral and Information Service certified and approved by the California State Bar.

"Our commitment is to provide you with unbiased and impartial lawyer referrals."

 

Unlike other services, we maintain complete independence from the lawyers receiving these referrals, ensuring transparency and fairness.

While we specialize in California employment law and personal injury claims, we offer our referral services for various other legal areas.

 

At 1000Attorneys.com, we aim to ensure you are connected with best California attorney near you who can provide comprehensive and exceptional representation for your specific legal needs.

 

We understand that every legal situation is unique and are dedicated to finding the best match for you.

 

With our extensive network of attorneys, we strive to deliver outstanding legal support and guidance tailored to your individual requirements.

At 1000Attorneys.com, we hold California attorneys to the highest standards of professional conduct.

 

Your satisfaction and confidence in the legal representation you receive are paramount to us.

 

Rest assured that when you engage in our services, you can expect nothing less than exceptional legal support and guidance.

Why Lawyer Referrals Matter

 

The California State Bar investigates on average 16,000 complaints of professional misconduct by attorneys annually.

We conduct due diligence by researching and recommending the best local attorney for your case. 

 

Our team of experts verifies that attorneys are in good standing and have the required experience in the type of law related to your legal issue. 

Learn more about attorney discipline here.

 

Our History 

 

Since 2005, we have been dedicated to helping individuals find reliable legal representation in California.

 

We understand the challenges people face when trying to locate reputable lawyers, especially when inundated with self-promoting advertisements and biased marketing from law firms.

 

At our service, we strive to cut through the noise and provide a trustworthy and unbiased platform for connecting individuals with reputable California lawyers.

 

Our clients receive quality legal representation without the frustration and uncertainty often associated with legal advertising. ​

 

How the LRS Works 


Anyone seeking competent and honest legal representation in California, can request a FREE lawyer referral. 

Once you submit your case details online, our legal 24-hour legal department will review your claim and reply via email. Most cases are reviewed and answered within 15 minutes. 

 

A free 30 minute consultation with the attorney will be offered to each referred client. 

A representative will follow up a few days later via email with the client after receiving a referral for quality management purposes, or to obtain the status of the case. 

About lawyers from our network


California lawyers in our network are insured, in good standing with the California State Bar, and have substantial experience in their practice area.

 

Attorneys are available in most areas of law throughout Southern California. Every lawyer in or network has been vetted for:

  • Credentials

  • Education

  • Communication skills

  • Performance

  • Client reviews

  • Fair legal fees

  • Continuing education

  • Professional affiliations

Additionally, we conduct criminal  background checks and attorneys are always monitored by our service.  

How to find the best lawyer for your legal case: 

1. The fastest way to have your legal issue reviewed by one of our attorneys is to send your details online.

 

Your information will go directly to our 24 hour legal department bypassing our call center. You will get a reply via email within 15 minutes. 

2. You may also inquire about your legal issue via email. We respond to email inquiries within 24 hours M-F. 

3. By calling our lawyer referral hotline 661-310-7999. However, our agents are not attorneys and cannot provide legal advice. Due to high call volumes, it's highly recommended that you use option # 1 above. 

 

Simple Retro Handyman Service Badge Logo-2.png
Best Lawyers Near Los Angeles
bottom of page