Why You Should Consider a Living Trust: Planning for Your Family's Future

GOMEZ LAW, APC Dec. 11, 2017

As we age, it becomes increasingly important to consider the future well-being of our children, spouse, and family. While it is never easy to think about death, preparing for unexpected events is crucial, especially if you have significant assets, property, or valuable belongings. Without a proper legal document, your family might face lengthy and costly legal battles in probate court. Consulting a living trust attorney in Los Angeles can help you establish a plan that ensures your wishes are honored and your family is protected.

The Protection of a Revocable Living Trust

A revocable living trust provides vital protection for you and your beneficiaries. While you are alive, you retain control over your property and assets, designating heirs who will inherit them upon your passing. When that time comes, the trustee you have appointed will manage the trust, ensuring your assets are distributed according to your wishes. This arrangement prevents potential disputes and offers better control over the assets, particularly if the beneficiaries are minors who cannot make significant decisions independently.

A Trust and Incapacitation

Many people today fear not just dying, but becoming incapacitated and unable to make important decisions. At Gomez Law, APC, we can explain how a living trust can safeguard your interests in such situations. By designating a trustee, you ensure that your affairs are managed smoothly even if you become incapacitated. Coupled with a durable power of attorney, a living trust provides comprehensive protection for your assets and ensures your wishes are respected.

Discussing Your Options with an Attorney

Living trusts, wills, and powers of attorney involve complex legal issues. It is essential to understand these options fully to determine what best suits you and your family's needs. At Gomez Law, APC, we are here to help you navigate these complexities. As your living trust attorney in Los Angeles, we can guide you through the estate planning process, ensuring you have the peace of mind that comes from knowing your future is secure.

Schedule a consultation with us today by calling (855) 219-3333 to discuss your estate planning needs. Let us help you establish a plan that protects your loved ones and honors your wishes for the future.