What is a revocable living trust?

What is a revocable living trust?

In California, a revocable living trust is an extremely popular estate planning document that provides its creator(s), the Settlor(s), with beneficial real and personal property management functions during the Settlor(s) lifetime(s) and then, upon the death of the...
What is a No Contest Clause in a Will or Trust?

What is a No Contest Clause in a Will or Trust?

Wills and Trusts are estate planning documents created by an individual for various reasons which usually include distribution of that person’s assets to specific people, called heirs or beneficiaries, upon the death of the person creating the will or trust. The...
Powers of a Trustee in a Typical Revocable Trust

Powers of a Trustee in a Typical Revocable Trust

In California, a revocable trust is typically created to hold property so that should the person who created the trust, called a settlor, ever lack the capacity to care for themselves, the trust will hold the property for the benefit of that person during their life...