Primuth, Driskell & Terzian, LLP
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General Information
Locality: Pasadena, California
Phone: +1 626-683-7234
Address: 790 E Colorado Blvd Ste 300 91101 Pasadena, CA, US
Website: www.primuthlaw.com/
Likes: 95
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How does a living trust differ from a will? It's no contest! Here's how the race plays out for settling an estate through a typical living trust versus a will through probate court. By Jon Primuth of Primuth & Driskell LLP.
Reason number 2 why you should have a living trust. (Reason #1 of course is to avoid probate of your estate at death.) Reason #2 is a living trust implements your asset management plan taking effect upon your incapacity. When you are incapacitated, your chosen successor trustee steps in to manage your living trust assets. The new trustee follows your written instructions and applies all trust income and assets for your benefit. What's the alternative to a living trust upon your incapacity? An expensive court-supervised conservatorship. Or a boilerplate and often flimsily drafted financial power of attorney that doesn't provide any instructions. In most cases, those alternatives simply can't compare to the ease and effectiveness of a living trust. Jon Primuth of Primuth, Driskell & Terzian LLP.
How does a living trust differ from a will? It's no contest! Here's how the race plays out for settling an estate through a typical living trust versus a will through probate court. By Jon Primuth of Primuth & Driskell LLP.
Reason number 2 why you should have a living trust. (Reason #1 of course is to avoid probate of your estate at death.) Reason #2 is a living trust implements your asset management plan taking effect upon your incapacity. When you are incapacitated, your chosen successor trustee steps in to manage your living trust assets. The new trustee follows your written instructions and applies all trust income and assets for your benefit. What's the alternative to a living trust upon your incapacity? An expensive court-supervised conservatorship. Or a boilerplate and often flimsily drafted financial power of attorney that doesn't provide any instructions. In most cases, those alternatives simply can't compare to the ease and effectiveness of a living trust. Jon Primuth of Primuth, Driskell & Terzian LLP.
Do you know why a living trust is so important? Visit our website to find out the answer...
Some helpful info about estate planning...http://money.cnn.com/magazines//money101/lesson21/index.htm...
FOLLOW Jonathan D. Primuth on Twitter... http://twitter.com/PrimuthLaw
Do you have questions about Estate Planning? To read Jonathan D. Primuth's answers to some of the more frequently asked questions regarding California estate planning, visit our website... http://primuthlaw.com/index.php
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