Creating a Living Trust in California
You could establish a living trust in California by:
- Determining whether you want to create an individual or shared trust
- Conducting an overview of your assets and deciding which possessions and properties you should transfer into the trust
- Speaking to your loved ones, relatives, or attorney to select a successor trustee, who will fulfill the terms of the trust after you pass away
- Drafting, signing, and notarizing the trust document
- Re-titling your assets to the trust
While forming a revocable living trust is not necessarily difficult, trusts are subject to many state and federal laws. You should always seek a California estate planning attorney’s guidance before finalizing your estate plan. Any minor mistake could jeopardize your life’s work and the legacy you intend to create.
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