Phone
(916) 365-9734
Phone
(916) 365-9734
It is an interest in property held by one person for the benefit of another. For example, a parent may want to ensure that their child’s basic needs are provided for after their death because the child has special needs or is a spendthrift. There are other reasons for a trust, two of which are: Property put into a trust can avoid lengthy and expensive probate. A Husband and wife can maximize estate tax savings. Prevent Medi-Cal reimbursement.
A trust offers several key benefits, including:
Assets placed in a trust bypass the lengthy and costly probate process.
A trust can help married couples reduce estate tax burdens.
A trust will prevent Medi-Cal from seeking reimbursement
As a beneficiary, you have the right to challenge a trustee if they are mismanaging your trust. If the trustee:
You can petition the court to review their actions and, if necessary, take legal action to protect your interests with the help of a trust will lawyer.
Yes! If the trustee is not doing his job properly, you may challenge his actions in court.
For example, if he is disregarding the instructions of the trust document, you may
contest his actions. Likewise you may take him to court if he has commingled the trust
money with his own or has risked it in dangerous investments. If the trustee ignores
your request for information or accounting, the court can force him to provide that
information to you.
Probate is a court-supervised process for administering a deceased person’s estate and distributing assets according to their will (or state law if no will exists).
If the deceased had a valid trust, probate may not be necessary, as the trustee has the legal authority to manage and distribute assets without court involvement, but you will need an expert will, trust and estate lawyers for it.
Probate fees are based on the gross value of the estate and are set by California law:
You should contact Peter. The Will or Trust may be invalid for various reasons. For instance, it may not have been done in the correct manner or the decedent may have been of unsound mind. He might also have been under undue influence from another. Importantly, if you are the decedent's spouse, you have certain rights which may not be set aside.
If you believe a will or trust is unfair or invalid, legal options are available. Potential reasons for contesting include:
If you are looking for an attorney for wills and trusts and wondering why you should be considering us, here are a few reasons for it.
Peter Vlautin, our estate planning attorney, has extensive experience handling trusts, wills, and probate disputes.
Whether settling disputes or representing you in court, we fight for your rights.
We understand the emotional and financial impact of estate planning and probate.
We have successfully guided countless clients through estate and probate matters.
The information contained on this website is intended to introduce prospective clients to The Law Office of Peter Vlautin, and is not to be considered a legal opinion or an offer to represent you. This web site is not intended to establish an attorney-client relationship. Emails sent to The Law Office of Peter Vlautin using any of their email addresses would not be confidential and would not create an attorney-client relationship.