Neeta Patel Javia Law Blog

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

For Trusts that are not... Read More

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

For Trusts that are not... Read More

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

When a Trust is created, the decision whether to have more than one Trustee is at the sole discretion of the Trustor.

When creating a Living Trust, the majority of Trustors will appoint themselves as the Trustee. Often a Trustor will serve as Co-Trustee with their spouse, sharing the power to make all relevant decisions just as they did before property became part of the Trust Estate.

The beneficial thing about Trusts is that they allow for a great deal of flexibility, and there are no set rules as to how your Trust has to be, as long as the provisions are legal and reasonable. You can make your Trust as controlled as you want, or grant a great deal of powers to your Trustees.

When you create a Living Trust, generally the Trustor (the person providing the property comprising the... Read More

When you create a living trust, all property will require a change of title. You must transfer the property from your name to the name of the Trust. For example, if the title of the property is held by John Smith, it must be changed to the John Smith Living Trust in order for it to be placed within the trust and included as part of the Trust Estate. The Trust Estate is all property that is included and described in the Trust agreement. In order to change title, the... Read More

Many people make the mistake of waiting until someone in their family falls ill, or passes away to consider consulting an Estate Planning attorney regarding their plans for the future in regards to property and assets. Too often, this is not enough time and loved ones are deprived of time and money in the form of increased taxes and pending probate.

It is important to speak to a knowledgeable Los Angeles Estate Planning attorney that can thoroughly explain the current Probate Laws... Read More