Living Trusts Attorney Serving Burbank & Surrounding Cities

Burbank Estate Planning Lawyer for Establishing a Living Trust

The establishment of a living trust can save a great deal of time, money and emotional stress. A living trust is created and put in place while the "settlor" (creator of the trust) is still alive. Other trusts are established by a last will and testament and their administration only comes into effect after the settlor passes away. In a living trust, you remain the trustee and beneficiary while you are alive. You can retain complete control of the trust and revise it in the case of a revocable living trust. A Burbank real estate, probate, wills & trusts attorney at the law office headed by Shelley Rios, Attorney at Law has represented clients in creating a living trust as well as many other estate planning matters in Burbank, Toluca Lake, Glendale and nearby areas. A lawyer at the firm may be able to help you or someone you care about with these legal actions.

A living trust is highly recommended because it helps avoid probate. Besides being less expensive and time consuming, it ensures that your wishes for your estate are passed on to a beneficiary or beneficiaries without entering probate court. Having a Burbank living trusts attorney help you put a trust in place can also make it unnecessary for a loved one to seek a conservatorship on your behalf should you become unable to make financial decisions concerning your estate due to an accident or illness leaving you incapacitated. An attorney can also help the client set up a bypass trust which will allow property to be passed on to someone without being subject to estate tax after he or she passes on. It is important to have a lawyer's help in regard to this and other tax planning needs.

Contact us today to speak with a Burbank living trusts attorney about creating a living trust suited to your specific needs.