THE CASTLE TRUST PLAN
The Castle Trust Plan provides all of the benefits of the Trust Plan, but it has a specially drafted Revocable Living Trust that provides asset protection for the inheritance for your children or other heirs.
Inheritances can be lost in many ways, all of which involve ownership of the inheritance. Some examples are:
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Heir is too young or financially immature
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Heir has a drug, alcohol or gambling abuse problem
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Heir is in a bad marriage
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Heir has lawsuits or judgments against them, or is in bankruptcy
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Heir is a special needs person, relying on government assistance for shelter, income, custodial medical care, or medical insurance
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Heir dies without doing estate planning
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Heir goes through a divorce without planning for their received inheritance
The Castle Trust Plan passes the inheritance into a lifetime trust for your children or other heirs, which can only be accessed to provide for the health, education, maintenance and support needs for the heir. Properly drafted, it can also enable the inheritance to be passed on in trust for potentially several generations of descendants in the same asset-protected manner, and usually completely free from future federal estate taxes (i.e. the “Death Tax.”)
The Castle Plan is appropriate for anyone contemplating a Trust Plan, and it also focuses on avoidance of Conservatorship in the event of incapacity, the avoidance of Probate at death, and maximizing the savings from federal estate taxation. Restrictions on property left to the surviving spouse and children can also be accomplished with the Castle Trust Plan.
The Castle Trust Plan includes the following legal documents:
1. A completely-customized Revocable Living Trust with tax planning designed for avoidance of Conservatorship and Probate, with potential maximization of estate tax savings and asset protection for your heirs;
2. Pour-Over Will(s);
3. Completely-customized Advance Health Care Directive(s);
4. General Durable Power(s) of Attorney;
5. Assignment(s) of Personal Property;
6. Certification of Trust;
7. Marital Property Agreement (married couples);
8. One transfer deed for a single parcel of California real estate.
Planning for the Castle Trust Plan is completed in three (3) steps:
· Initial Consultation (1-2 hours)
· Plan Design Meeting (1-2 hours)
· Signing Appointment (1-2 hours)
FEES:
$2,800.00 for an individual
$3,500.00 for a married couple
$4,000.00 for registered domestic partners or gay/lesbian married couple (two complete individual estate plans)
Additional fees:
$200.00 for each additional California real estate transfer deed
Out-of-State real estate transfers at cost of local legal counsel
$500.00 to add a Children's Legacy Plan .
If you are ready to proceed with a consultation, wish to attend a free living trust seminar, or wish to view a living trust seminar online, you can use these links:
Schedule an Estate Planning Consultation
Register for a Free Living Trust Seminar
You may also download my free estate planning brochure by using this link:
Download Consumer Guide
Don't have time to attend a seminar? View my seminar online by going this link and selecting “Download Living Trust Seminar:”
Download or View Living Trust Seminar |