The State Bar of California has a very informative website containing information specifically addressing the question of whether you should have a California estate attorney prepare a revocable trust, that is, a family trust to stay out of probate court.
The State Bar of California article asks these probate law related questions:
What Is a Living Trust?
What Can a Living Trust Do for Me?
Should Everyone Have a Living Trust?
How Does a Living Trust Help if I Am Incapacitated?
How Does a Living Trust Help at my Death?
Who Should Be the Trustee of My Living Trust?
What Are the Disadvantages of a Living Trust?
If I Have a Living Trust, Do I Still Need a Will?
Does a Living Trust Save Estate Taxes?
Does a Living Trust Pay Income Taxes?
What Other Estate Planning Documents Should I Have?
What Other Kinds of Trusts Are There?
How Do I Transfer Assets to My Living Trust?
Who Should Draft a Living Trust for Me?
How Do I Find a Qualified Lawyer?
Should I Beware of Someone Who Is a “Promoter” of Financial and Estate Planning Services?
How Much Does a Living Trust Cost?
To discuss how answers to some of these questions may effect you and your family, please call Mitchell A. Port at (310) 559-5259.