Estate Planning

Estate planning

Estate Planning is the process of transferring of assets in expectation of death, which an individual or family arranges. The saving of the maximum amount of wealth is intended  for the beneficiaries and flexibility for the individual prior to death.

Real estate is the owning of an asset by a person before distribution of property by a trust or will. Real estate includes real property and personal property that is car, household accessories and accounts.

Estate planning is a means by which one can save money, make money and protect money for the future use.Estate planning is making your wishes come true and decreasing the amount of taxes your family has to face before some unfortunate occurs in your life.
Estate planning is helpful in many ways, the most important help is the people who are left behind after your death, can enjoy what you left for them. There are different circumstances in different cases for that we will sit with and plan solutions which are best suitable.

Whenever their is discussion of estate planning trust and wills play a vital role.
Trust is a factor that arises when their is transfer of property to another person who is trustee so that the trustee can make us of property for their benefit.

There are mainly two types of trust:

  • living trusts.
  • Testamentary trusts.

 

Living trusts is established while an individual is alive, and comes into action once the agreement is signed and the trust is funded,on the other hand testamentary trust is made under person’s will and comes into action after the person’s death.

For instance: This trust can came into effect in case of minor child and when the child is not responsible or below 21 years. One can restrict the power of trust but have to mention in the will.

Revocable trust

Revocable trust

Revocable trust in Valencia is a trust where one can amend or revoke as desired by the trust-maker. During the “life” of the trust, income earned is distributed to the grantor, and… Continue reading

Estate Planning

Estate Planning Valencia CA

Estate Planning  is the process of transferring of assets in expectation of death, which an individual or family arranges. The saving of the maximum amount of wealth is intended  for the beneficiaries and flexibility… Continue reading

Business planning

Business planning

Why is a business planning hold prime significance to the health of any business?

A business plan is a written description of your business’s future. It is a document that describes what you plan to do and how… Continue reading

Probate and Trust Administration

Probate  Trust Administration 

Many people wish to establish a revocable trust as the center piece of their estate plans instead of just last wills and testaments so that they can avoid a probate of part or all of… Continue reading

Access Will

Access Will

Know about the people who can access will?

When someone dies, you have probably watched in the movies or on TV or read in a book about where a family gathers around a big table… Continue reading

Living Trust And Attorney

Living Trust  Attorney

Living Trust  Attorney :-A living trust is created during life to either save tax money or establish a long-term way to manage property. Living trusts are specifically designed to avoid establishing official will and… Continue reading

Last will and Testament form

       Last will and Testament form

Last will and Testament form allows you to communicate your wishes and make things easier for the people you care about. Creating a Last Will and Testament as… Continue reading

Who Controls Trust Assets?

Will I lose control of my property and assets if I place them into a trust?(trust assets)

With a revocable living trust, you will not lose control of the property and assets that you place in the trust. “Revocable” means… Continue reading

The Importance of Lifetime Estate Planning

Failure to Plan Can Have Devastating Results

Estate Planning is a valuable process that can benefit nearly everyone during their lives, their children and future generations.   Unfortunately, many people learn this far too late to make a useful… Continue reading

Recent Posts

Revocable trust

Revocable trust A Revocable trust in Valencia is a trust where one can amend or revoke as desired by the trust-maker. During the “life” of the trust, income earned is distributed to the grantor, and only after death does property transfer to the beneficiaries. Revocable Living Trusts may involve individual revocable trusts for single people and for married people.  […]

Estate Planning

Estate Planning Valencia CA Estate Planning  is the process of transferring of assets in expectation of death, which an individual or family arranges. The saving of the maximum amount of wealth is intended  for the beneficiaries and flexibility for the individual prior to death. Real estate is the owning of an asset by a person […]

Business planning

Business planning Why is a business planning hold prime significance to the health of any business? A business plan is a written description of your business’s future. It is a document that describes what you plan to do and how you plan to do it. Business Planning in Valencia can help perform a number of tasks […]

Probate and Trust Administration

Probate  Trust Administration  Many people wish to establish a revocable trust as the center piece of their estate plans instead of just last wills and testaments so that they can avoid a probate of part or all of their estates upon their deaths. On the off chance that the title to step property is held […]

Access Will

Access Will Know about the people who can access will? When someone dies, you have probably watched in the movies or on TV or read in a book about where a family gathers around a big table after a relative has died to listen to the reading of the will. While this is a false theatrical creation, it doesn’t […]