FAQs

What Can A Revocable Living Trust Do For Me?

A Revocable Living Trust Eliminates a Conservatorship

If you become incapacitated or are unable to manage your estate, your living trust avoids the need for a court appointed conservatorship.  The successor trustee you’ve named in your trust will step in and manage your affairs without court involvement.

A Revocable Living Trust Avoids Probate

Although there will be the need to perform a trust administration after your death, the assets in your Living Trust avoid the delay and cost associated with the probate process.

A Revocable Living Trust Provides Privacy

Because a Living Trust avoids probate, it provides privacy.  Probate is a public process.  Anyone can find out how much you had, to whom you left your assets, and other personal information about you.  They do not even need a good reason.  They could be neighbors or relatives or worse yet, they could be scam artists.

A Revocable Living Trust Allows You to Restrict How Your Estate is Managed and Spent After Your Death

It can provide for the care, support and education of your children by turning over trust assets to them at an age chosen by you.  You can even provide that your children should start receiving income from your Living Trust at 18 but that they receive the principal in graduated stages.  For example: one-third of the principal at 21, one-third at 25 and one-third at 30.

A Revocable Living Trust Can Protect Children From Their Creditors and Ex-Spouses

A Living Trust can leave your assets to your children in a manner that will reduce the ability of their creditors or ex-spouses to take your children’s inheritance from them.

A Revocable Living Trust Can Protect Children From Earlier Marriages

Both the surviving spouse and the children from a previous marriage can receive fair treatment and protection under the terms of your Living Trust.

A Revocable Living Trust Can Ensure That Your Wishes Are Carried Out and Are Not Subject to Attack

Most well drafted Living Trusts contain a “No Contest Clause” which in most cases prevents greedy beneficiaries and their lawyers from successfully contesting your estate plan.

A Revocable Living Trust Gives You Peace of Mind

When your Living Trust is completed and fully funded, you and your family can relax knowing that your estate will be managed and distributed by someone you have selected and trust.

What happens during the initial consultation?

On a first date, do you produce your W2, last three years of taxes, and discuss your pent up resentment towards your little sister from that time when you were kids? No, right? Well we don’t talk about most of those things in our initial consultation either!

Unlike many attorneys, we don’t ask for a complete detailed picture of your asset portfolio before we meet with you. Our initial consultation is to discuss what your needs are, what you wish to accomplish and how we work to help you accomplish your goals. We only get into the details about your assets and specific family needs once you have decided to engage us.

How long will the first meeting last?

Our initial consultations last between 45 minutes to an hour.

Should I bring anything?

If you have an existing estate plan, we ask that you bring those documents to your first meeting or provide those to us in some form. Copies are fine!

Is this a sales presentation?

No, our initial consultations are never sales meetings. Our goal is to make sure you are comfortable working with us and that we are comfortable working with you.

Where will we meet?

We can meet at our main office in Santa Clara or at one of our satellite offices throughout the Bay Area, Las Vegas, and Los Angeles. We are also happy to conduct our initial consultation with you over the phone at your convenience.

What happens after our first meeting?

Once we have our initial consultation, we find that most clients are ready to move forward. If you are ready to move forward, we will send you a fee agreement and options for payment. We take checks and credit cards! At the same time, we send you a fillable form that will gather the basic information we need to begin drafting your estate plan. Any questions you have can be addressed via email, phone or even an in-person meeting at no additional cost to you. We even make house and office calls for our clients!

What Are The Advantages Of Working With Our Law Firm?

– Free home and office visits for our clients during working hours to minimize your travel time. Yes, we make house calls!

– Free unlimited support via telephone, email, Skype, or in-person. We want to make sure you have all the information you need to make the right decisions for your estate plan and your family.  Whether you have specific questions about your own estate plan or just want information on other estate planning strategies, give us a call or drop us an email anytime.

– Free assistance with funding your Trust, including follow-ups with county recorders for recording of deeds and assistance with financial institutions

– Free registration for our monthly webinars, discussing estate planning and financial topics to provide insight into a wide variety of legal and financial matters

– Free subscription to our monthly newsletter, Estate of Mind, where you’ll learn about how estate planning impacts your life through the stories of well-known people and updates on the laws that could affect your estate.

– Free announcements of dates, times, and topics for future educational seminars available to the general public.

– Free parking in our main office location whenever you visit.

Good better best. Does your estate plan pass the test?Find out!