Get a referral from another lawyer, financial advisor, or public accountant you know. You probably know someone who is a good estate planning lawyer and. You probably know someone who is a good estate planning lawyer and specializes in this area of law. Finally, you can organize the distribution of your property through a living trust.
There are books and guides available that teach you how to do it yourself, but you should be very careful and make sure that these publications have been customized to comply with California law. Whether or not to create a trust is a personal decision and you should consider whether you need to hire an attorney or other estate planning professional. However, keep in mind that not everyone who offers to establish a trust is trustworthy. See our Living Trust Mills page for more information.
When you have a job list of candidates and references, look at the background of each lawyer. See their websites for information on company size, experience, and specializations. Take a look at the social media sites that each lawyer uses. How a lawyer is represented on social media sites can give you an idea of what it will be like to work with them.
By Elizabeth Alterman, Next Avenue contributor. A revocable living trust allows you to transfer your assets to the trust while maintaining control over them as a trustee and allowing you to make changes to the document while you are alive. A living trust is one of the most important documents you'll create, so it's important that you work with experienced estate planning lawyers. If you're looking for the best lawyers in California to handle your estate, California Living Trusts should be at the top of your list.
Most people will want to look for an estate planning lawyer who can help them draft a will, powers of attorney, and basic trusts. Find out what to ask your lawyer about living trusts to make the most of this powerful document. If you rely solely on a trust for estate planning, assets that are left out of your trust will go through your state's intestate succession laws. I know that Florida has board certification in wills, trusts and probate and that means that the lawyer has taken a very rigorous test and specializes in estate planning.
The other problem with a living trust is that it can only control assets that you specifically transfer to it, so if you forget to change ownership of something like a bank account, the trust won't cover you. A special type of living trust called an AB trust transfers assets directly from one spouse to another and avoids estate tax. Find out the right way to fund your trust to achieve its goals and what assets you shouldn't transfer to your trust. A law firm that specializes in %26 Estates trusts may also have a satellite office in your area where you can meet with a qualified attorney who is the right lawyer for you.
A living trust is an easy way to plan the management and distribution of your assets, and you don't need an attorney to do so. While an attorney who specializes in family law has developed experience in several areas of practice, the type of lawyer needed to establish a living trust is an attorney who specializes in estate planning wills, living trusts, guardianship, and tax matters.