Do I still need a trust if I already have a will?
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- Опубліковано 3 сер 2024
- JJLawCA.com
Do I still need a trust if I already have a will? In most cases, YES! I'll break down the 3 most common triggers for when it makes sense to have a Trust in addition to your Will and why this setup is important for your family. Questions? Always feel free to reach out:
jjlawca.com/contact/
Office Address:
Jenkins & Jenkins, Estate Planning Attorneys
7220 Trade Street, Suite 115
San Diego, CA 92121
(858) 766-2170
Info@JJLawCA.com
Would leaving my home to my son in a trust be the way to go in Alabama as well?
Since we practice in California we can’t say for certain (State laws and typical techniques vary drastically in this area). Definitely reach out to an Estate Planning Attorney in Alabama to learn what the best approach would be in your case. If the Probate process in your State is not very cumbersome or expensive, a Will based plan may be used more commonly. There are also beneficiary deeds that pass either to a person or trust as well, so lots of different techniques just depending on your goals and local rules.
@@jjlawca Thank you so much for your quick response. Yes,the probate process is very cumbersome here and why many don't make a will. You advice is appreciated and I will reach out to an estate planning attorney here.
I leave in NC how is a Will better than a Trust
Hi LaDonna, we can’t speak for NC law as we are licensed and practice in California. Techniques and typical practices vary greatly from State to State in this area, so we’d recommend reaching out to an Estate Planning Attorney in North Carolina to talk through your specific situation.
I am a 58 year old woman ,and I want to put my son's name on the title of my house ,how do I do this legal
Please don’t add a child to the title of your house! Watch this video first: ua-cam.com/video/Sb8knQm_OVs/v-deo.html and then use either a Living Trust or at very least a beneficiary deed to transfer property outside of Probate and in a tax advantaged way.