A Trust Attorney Palmdale Families can Count On
It would be nice if everything went smoothly when a family member dies, but unfortunately not everyone plans ahead. In some cases, the assistance of an attorney is required to sort through the mess, determine who gets what, and set up trust funds if they are thought to be what is best for the distribution of assets. If the latter is what your family desires, the trust attorney Palmdale families come to most often is Jesus Zuniga. Our firm has the experience and knowledge of trusts you’re looking for.
Of course, trust funds aren’t just for probate and last will and testament cases. On the contrary, a family that plans properly will set up trust funds while everyone is still alive so that assets can be distributed as they are accumulated. There are certain benefits to having this done with a trust fund, including tax deferments and an administrator for funds that are going to children or irresponsible adults. It is also possible to earmark funds for specific purposes, like education trust funds.
A Palmdale trust attorney can also act as the administrator or executor of the trust to ensure there is a neutral, unbiased individual making disbursements. The laws governing trust funds and the legal obligation of the attorney ensure that assets will be distributed according to your wishes. You can set up a trust fund to be irrevocable if your want those disbursements to always remain the same, or you can create a revocable trust where a vote to make changes can be taken by those involved in the trust. Either way, our firm can help you set it up and make sure it runs smoothly.
How much advance planning have you done to make sure your family is taken care of in the event of a tragedy or accidental death? If you have a last will and testament, your wishes should be honored, but if there are multiple parties out there who can lay claim to your estate, you may need more than that. A good example is someone who has been married more than once and has children from each of his or her former spouses. Who gets what? If your assets go into a trust fund when you die, they will get what the trust calls for, nothing more, nothing less. We’ll make sure of it.