How To Choose A Torrance And Surrounding South Bay Cities Living Trust Administration Attorney

Consider The Following When Choosing Your Living Trust Administration Lawyer

◻      1. Are They Specialized?

• • All three attorneys of Kavesh, Minor, and Otis, Inc. (“KMO”) are California State Bar Certified Specialists in Estate Planning, Trust and Probate Law. (With multiple Specialist attorneys, not just one, you also get more attorney availability and collective expertise.)
  • Two of KMO’s attorneys have Master’s Degrees in Tax Law. They are knowledgeable in not only trust and estate income tax, and estate tax, but California property tax. And the complex issues relating to IRAs and retirement plans.

◻      2. What’s Their Level of Experience?

• • During KMO’s more than 43 years serving Torrance, surrounding South Bay Cities and Southern California, they have handled after a Living Trust maker’s death over 4,000 Trust Administrations (more than just about any other law firm in Southern California).
  • When a Probate is required, KMO is often able to avoid lengthy and costly Probate proceedings through a one-time court petition and appearance.
  • When needed, KMO has successfully filed over 1,000 Estate Tax Returns and has an outstanding record with the IRS.

◻      3. Are They Recognized as Leaders in the Field?

• • KMO has spoken before the National Network of Estate Planning Attorneys, Wealth Counsel and The American Academy of Estate Planning Attorneys.
  • KMO has been quoted in the Wall Street Journal and Los Angeles Times.
  • KMO regularly trains other trust and estate attorneys from all over the country.

◻      4. How do they Charge Fees?

• • All KMO’s Trust Administrations are billed on a fixed fee basis, quoted at your initial meeting and agreed to, by you, in writing before any work is done. KMO doesn’t give you an estimate or ask for a “blank check” and bill you by the hour.
  • There are no hidden extra fees (for copies, postage, staff or paralegal time, etc.). Not at KMO.
  • A fixed fee encourages your attorney to work more efficiently and quickly. Most KMO administrations are completed within 4 to 6 months.

◻     5. Do they Help You Handle All these Key Tasks?

• • Gather asset information and valuations from third parties on your behalf.
  • Spot and correct tax issues which others may miss, such as potential property tax reassessment and added income tax and capital gains tax on beneficiaries.
  • Adapt the original estate plan to better protect beneficiaries whose needs or circumstances may have changed, usually without the delays and expense of court.
  • On completion, get you a signed Settlement Agreement and Receipt of Distribution from each beneficiary to avoid later claims against you.
  • KMO does all the above and more.