In estate planning, a last will and testament may not always be sufficient. In fact, Singh Law Firm advises many of its clients to consider the value of a revocable living trust. In this post, we’ll explain the merits of having a revocable trust in California. Hopefully, this will help you ascertain whether this might … Read more
By creating a living trust, you can manage your assets during your lifetime, and streamline the estate planning process. For many individuals, a living trust may be more beneficial than a last will and testament. A common question about living trusts is, can they be established all on your own? Or is it better to … Read more
Estate planning is all about preparing for the future, ensuring that your legacy, your assets, and your end-of-life wishes are upheld with minimal hassle to your heirs and beneficiaries. One way in which residents of California might prepare for the future is to put a revocable living trust into place. While this isn’t a necessary … Read more
There’s more to estate planning than you might think. To a lot of people, estate planning is all about putting a will in place, ensuring your assets are properly distributed to beneficiaries upon your death. But that’s by no means a comprehensive view of the estate planning process. It’s important to take a truly holistic … Read more
Different people have different estate planning needs, and there’s no such thing as a one-size-fits-all solution. With that said, estate planning generally begins with the creation of a will and a trust. This is foundational, and it’s something that should happen before any other estate planning actions are taken. While it is possible to draft these key … Read more
One of the primary goals of estate planning is to preserve the value of your estate—ensuring that the assets you leave behind retain their full value as they are passed down to your beneficiaries. A key component of this is tax planning. Simply put, you don’t want your estate to be whittled away by taxes. … Read more
Estate planning is ultimately about preparing for the future—making sure your assets, your life, and your legacy are protected against all contingencies. Proper estate planning calls for a number of different legal structures and tools, and one of the most important—yet also one of the most frequently overlooked—is the revocable living trust agreement. In this … Read more
We often meet with individuals who have gone to the trouble of establishing a last will and testament—and they assume this is all they need for their estate plan to be set. Actually, while having a will is an important start, it’s rarely sufficient. More often than not, it’s also wise to establish a trust, … Read more
In setting up a trust fund, one of the most important decisions you will make is who will serve as the trustee. The trustee you name will play a key role in administering your trust, and after you die the trustee will be tasked with ensuring assets are distributed according to your wishes. Even the … Read more
It’s an honor when your friend or family member asks you to serve as their trustee. What that means is that they are entrusting you to properly handle key assets upon their death—suggesting that they view you as someone who is trustworthy and responsible. With that said, serving as a trustee isn’t something you should … Read more
