Wills & Trust

Trust

The primary advantage of a living trust is that it allows your beneficiaries to avoid the expensive and time-consuming process of probate for the assets held in the trust.

Here's how it works:

1. Creation and Funding: You create the trust and formally transfer ownership of your assets into it.

2. Management: You serve as the trustee, managing and controlling your assets within the trust throughout your lifetime.

3. Incapacity: If you become unable to manage your affairs, the successor trustee you named in the document steps in to manage the assets for your benefit.

4. Distribution: Upon your death, the successor trustee distributes the assets directly to your designated beneficiaries according to your wishes, without needing court approval (probate).

To become legally effective, the Living Trust Documents must be signed by the relevant parties in the presence of a notary public and properly notarized.

WILL

A Will is a foundational legal document used in estate planning that formally states your wishes regarding the distribution of your assets and property after your death.

A properly executed Will gives you crucial control over three important areas:

• Executor/Personal Representative: You designate the individual responsible for managing your estate and ensuring your final wishes are carried out.

• Beneficiaries and Distribution: You specify exactly who receives your property and how and when they are to receive it.

• Guardian for Minor Children: For those with minor children, a Will is the most important document, allowing you to formally name the person responsible for their care.

Crucial Note: Without a Will, a court will make all these decisions—including appointing an administrator and a guardian for your children—instead of you.

While a Will provides control, it comes with a major caveat: Wills are subject to probate.

Probate is the mandatory, court-supervised process that legally validates the Will and oversees the distribution of your assets and possessions after you pass away. The probate court governs the entire process according to the instructions laid out in your Will.

Trust VS. Will

• A Living Trust is about avoiding probate and ensuring private, seamless management and transfer of your property, both while you are alive and after you pass away.

• A Will is about stating your final wishes (who gets what) and is necessary to name a guardian for minors, but its effectiveness is tied to the public, court-supervised process of probate.

Many people use both—a living trust to manage and transfer major assets, and a simple will (often called a "Pour-Over Will") to name guardians and catch any assets not transferred into the trust.

Living Trust (CA, NV & AZ) $1,749.99 (Single) $2,499.99 (Couple)

Trust includes:              1-Living Will and 

                                              2-Pour-Over Will

                      3-HIPAA Release

    4-Medical POA

5-Financial POA 

6-Binder with tabs

7-USB Digital Copy

8-Notary Fees

9-One Deed Transfer With All Recording Fees

Addendum to trust: 

$200 (Includes everything

Amendment to trust: 

$150 (Includes everything)

Will (Single): 

$350 (Includes everything)

Will (Joint): 

$500 (Includes everything)