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Creating a Trust in Alameda County

Oakland Estate Planning Attorney

There are several different types of trusts that can be used to protect your property. One of the most common types is a living trust, which allows you to manage it while you are still living. Trusts can be very beneficial tools for reducing estate taxes, avoiding the probate process and setting up a property management plan. If you are looking for an estate planning lawyer, I have the legal experience to help. When you enlist the services of Summerall Law, P.C., you can trust that you are receiving the highest level of legal support. My goal is to help you understand the estate planning process in the simplest terms possible. I will also work closely with you to determine which type of trust will be best suit your financial situation.

What type of property can go into a trust?

One of the main benefits of a trust is that it allows your loved ones and family members to avoid the difficult probate process. It is crucial to include your most valuable possessions in your trust, such as the following:

  • House, Real Estate or Other Property
  • Artwork
  • Furniture & Antiques
  • Collections (Coins, Stamps or Other Valuables)
  • Precious Metals & Jewelry
  • Automobiles
  • Bank Accounts
  • Stocks

Once you have selected what type of property or possessions you would like to put in your trust, you will need to decide who will inherit these items. You will also want to designate a successor trustee or executor who will be in charge of distributing these assets and property. If you have young children or are considering leaving property to minors, you will want to set up an adult to manage it for them until they turn 18. This will prevent any future legal complications, fines, or penalties. If you would like more information on creating a trust for your property and assets, contact Summerall Law, P.C. today at (415) 275-3283.

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Summerall Law, P.C. - Oakland Estate Planning Attorney
Located at 3873 Piedmont Avenue, Suite 8,
Oakland, CA 94611
Phone: (415) 275-3283
Local Phone: (510) 922-0747
Website:
Probate.com

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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