Special Needs Trusts in San Bernadino

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    Special Needs Trusts in San Bernadino

    The benefits of a forming trust in San Bernadino are many. For more information on living trusts, please click here.  However, a living trust is not for every San Bernadino resident and in some instances, a special needs trust might be the best trust for you and/or your family, especially if you have a sick or disabled family member. If this is the case for you, speak with your San Bernadino wills and trust lawyer about a special needs trust. Used to hold assets for a person with a physical or mental disability or with chronic illness, the goal of [...]

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    Should I Create a Living Trust?

    Many San Bernadino residents don’t like to talk or think about it, but planning for your family after your death is an important issue. If you want to protect your possessions, including your money, during your lifetime and after it and make sure that each person you care about gets exactly what you want them to, you need to consider speaking with a San Bernadino estate planning lawyer. There are several options for protecting your family’s finances and property during and after your lifetime, and those include a will or a trust. A trust is an arrangement under which one [...]

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    Benefits of Life Insurance Trusts in San Bernadino

    Are you in the process of setting up your estate and considering various options to save you and your family money? If so, you have likely looked into a life insurance trust. An irrevocable, non-amendable trust that is both the owner and beneficiary of one or more life insurance policies, a life insurance trust can be a great way to save potentially hundreds of thousands of dollars in estate taxes. In California, it is important to designate the right beneficiaries in if you want your insurance proceeds to avoid federal estate taxation. Under current law, if the policy is owned [...]

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    Co-Trustees in a Trust Administration

    o why not have two Trustees manage your Trust estate, or better yet a two-headed Trustee. There can be strength in numbers.  And many Trusts are administered with skill and grace with two Trustees at the helm.  But not every partnership is successful.  When a two-headed Trustee decides to argue with itself, disaster abounds. Sometimes writing a will or trust can become much more complicated than intended.  It is always important to have an experienced wills and trust lawyer guide you through the will-writing process so that you can feel safe knowing that your written will or trust reads as [...]