Living trusts are an efficient and effective way to transfer property at your death, to the relatives, friends or charities you’ve chosen. Essentially, a living trust performs the same function as a will, with the important difference that property left by a will must go through the probate court process.

In probate, a public court proceeding, the deceased’s debts are paid. Then after a year or more at tremendous expense to your heirs, the remaining property left by a living trust can go promptly, privately and directly to your heirs.

Living Trusts are created while you’re alive and are “revocable.” You can revoke or change them at any time, for any reason. You can abolish the trust, alter its terms or change the beneficiaries.

As the original trustee, you can do whatever you wish with your assets – manage them, sell them, or give them away. The trust does not take effect until you die or become incapacitated. Upon your death, the successor trustee takes over the estate immediately without going through probate, then distributes the assets and terminates the trust.

A California licensed Professional Fiduciary provides you and your family the peace of mind of knowing what to do to care for you or your loved one. A Professional Fiduciary can assist you in providing a conservator to you or your elderly parent, companion, or partner when you, or your loved one can not care and provide for him or herself. The Professional Fiduciary can be your conservator, temporary conservator, or assist with providing you, an at-risk adult, with a conservator. The conservator will assist you or your loved one or an at-risk adult with your basic daily needs and care providing you in your remaining days with the care and dignity you deserve.

Your Professional Fiduciary can also act as your professional trustee to manage your estate when you "do not want to" elect a family member as your trustee to see to it that your beneficiaries are properly provided for, act as your representative payee, stand in as your advanced health-care directive, or power-of-attorney.

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