|Trusts and Wills
You have worked hard to provide a better life for your family and youself. When you pass away, you want your family and loved ones to receive the benefit of your hard work. Wills, trusts and other estate planning tools can help you achieve these goals. If you need a San Diego area lawyer to draft a will or trust on your behalf, contact an estate planning lawyer at the Law Offices of Alspaugh & Alspaugh.
Do I need a Will?
Many people assume they are too young to start thinking about estate planning tools like wills and trusts. Some people think that estate planning is only for the elderly and well-to-do.
At the Law Offices of Alspaugh & Alspaugh, we encourage people to think differently. We believe strongly that estate planning is not merely for the rich and elderly. Any person who has accumulated assets in his or her life should have, at a bare minimum, a last will and testament and other basic estate planning documents.
Our firm helps people of all income levels with estate planning services. Whether you need basic estate planning or more sophisticated planning for a larger estate, we have the experience and legal know-how required to meet your needs.
What is a Living Trust?
A living trust is a way of holding your property during your lifetime that affects the way the property is handled and distributed at the time of your death. In addition to the term “living trust,” this instrument is also referred to as a “family trust,” “revocable trust,” “disclaimer trust,” or “A-B trust.” The person who sets up the trust (the “trustor”) doesn’t give up control over his or her assets, and can change or revoke the trust whenever they want.
A living trust can help you and your beneficiaries reduce tax exposure and probate. In California, estates of $100,000 or less do not need to go through a formal process of probate. Property and assets owned in a trust are not considered toward that $100,000 cap.
A personalized approach to your needs.
The Law Offices of Alspaugh & Alspaugh have the knowledge and experience to determine the appropriate process for you. It is important to have an attorney that will take the time to listen to your needs and help you reach your goals. The Law Office of Alspaugh & Alspaugh can help you make your final wishes clear, and help you plan for your future and the future of your family. Please call (619) 441-8501 or contact us by email today.