What Is A Trust In San Diego Estate Planning?
A trust is a legal arrangement in which one party, known as the trustee, holds and manages assets for the benefit of another party, called the beneficiary. In San Diego estate planning, creating a trust can provide numerous advantages, such as avoiding probate, minimizing estate taxes, and ensuring that your assets are distributed according to […]
What Is A Revocable Living Trust?
A revocable living trust, under San Diego estate planning law, is a versatile legal instrument that affords individuals, identified as the trustor or grantor, the opportunity to transfer assets into a trust during their lifetime. This trust can be altered or revoked by the trustor if they maintain mental competence. A revocable living trust, under […]
How Does A Trust Differ From A Will In San Diego Estate Planning?
When it comes to planning, many people in San Diego often think about creating a will. However, there is another legal document that plays an important role in estate planning – the trust. While both a will and a trust serve similar purposes, they differ significantly in terms of their function and implementation. When it […]
