California Trust Lawyer

At the Encino, California, Law Offices of Gerald L. Kane, we design trusts that provide lifetime asset protection for our clients and their families. Our goal is to find a trust that meets the unique needs of each of our clients, whether they want to transfer money to a charity, pass down a business to a family member, or simply eliminate costly estate taxes and probate fees.

With our more than 15 years of experience assisting people throughout Southern California with their estate plans, you can be sure we will set up a trust that meets your long-term financial needs and goals. Please contact us to schedule a complimentary, no obligation initial consultation with a California trust attorney.

What Is a Trust?

A trust is a legal document that transfers assets from your name into the name of a trustee for the benefit of asset protection and management during and after your lifetime. The trustee is appointed by you and charged with distributing assets to the beneficiaries. Unlike a will, a trust is a private document outside the purview of probate court.

Why Have a Trust?

A complete trust plan allows you to make decisions regarding the transfer of assets, but also lets you decide who will make financial and medical decisions upon your incapacity or death. Most importantly, it gives you control over your assets and ensures your children will receive them at a specified time.

Another benefit of trusts is the avoidance of estate taxes. In California, an estate worth over a certain amount can and will be taxed. Transferring asset titles to another person can reduce the value of your estate, putting it under the threshold and eliminating the tax.

What Types of Trusts Are Available?

When establishing a trust, it is important to consider all of your financial and personal goals. A revocable living trust is the foundation of every estate plan. It allows you to transfer assets into a trust throughout your lifetime. Families with more advanced estate planning needs or those with high value estates, businesses or land, can build their trust selection from there. We can assist you in choosing and setting up trusts, such as:

• Irrevocable trusts
• Dynasty trusts
• Land trusts
• Charitable trusts
• Life insurance trusts
• Special needs trusts
• AB trusts

Discuss Your Trust Options in a Complimentary Consultation

To begin setting up your trust plan, schedule a no obligation initial consultation with Law Offices of Gerald L. Kane, in Encino, California. We are available on weekdays and on weeknights and weekends by appointment. We look forward to meeting and working with you.

For more information on this topic, see our trust administration page.