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 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.

Estate Planning

Estate Planning

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.

We Provide Best Services of Estate Planning in Santa Clarita,  to contact Click here 

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