THE TRUST PLAN:
This fundamental estate planning option is appropriate for the individual or couple who has an estate in excess of $100,000, and/or owns real property in California or other states. For married couples, income tax and estate tax planning can be accomplished as well.
This planning option is especially appropriate for a couple where there are one or more of the following situations:
-
A second marriage where there one or both of the spouses has children from a prior marriage or relationship, and may also have children from the current marriage as well;
-
One or both spouses has substantial separate property assets (i.e. generally property owned prior to the marriage that has been kept separate from the marriage, or an inheritance received during the marriage);
-
Special needs children or other special needs beneficiaries such as parents or siblings;
-
Spouses, beneficiaries, or proposed trustees who not citizens of the United States.
The Trust Plan 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 for married couples. Restrictions on property left to a surviving spouse and children can also be accomplished with the Trust Plan.
This type of plan is not appropriate if you wish to maximize asset protection for your children or other heirs, as the Trust Plan is only intended to pass property from one generation to the next with no additional planning. If you wish to do this type of planning, then the Castle Trust Plan is more appropriate for you.
The 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;
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 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:
$1,800.00 for an individual
$2,500.00 for a married couple
$3,000.00 for registered domestic partners or gay/lesbian married couple (two complete individual estate plans)
Additional fees:
$200.00 for each additional California real estate deed transfer
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 |