Trusts are valuable additions to any estate plan, and can either be created in place of, or to supplement, wills. These documents can also help you manage your estate during your life, and offer financial protections to yourself and your beneficiaries. Depending on your estate, and your personal wishes, you can create a trust that is put into action after you die (testamentary trust), or while you are still living (living trust). One difference between wills and trusts is that trusts are managed by a third-party, called the “trustee,” who oversees the assets and their distribution. Because there are so many options within trust creation, it’s always a good idea to speak with a San Jose estate planning attorney about your unique circumstances.
If you want to give yourself and your loved ones valuable peace of mind, knowing that your estate is taken care of now, and into the future, a trust may be a good option for you. At Scire Law, our team of legal professionals can answer all of your questions, and create a customized estate plan for your needs, including a living and/or testamentary trust. Trusts can prevent your family from going through the stresses of probate, and can designate your desired inheritor for things like property, antiques, bank accounts, and more.
When you need an estate planning lawyer that is attentive and thorough, come to Scire Law and request your free consultation. We proudly serve the following counties: Alameda, Santa Clara, Santa Cruz, and San Mateo.