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What is a Living Trust?

Revocable Living Trusts, also referred to as revocable inter vivos trusts (“inter vivos” is Latin for “between the living”), are an increasingly popular way to hold title to assets and avoid the Probate Court process. It is anticipated many more Americans will use a Revocable Living Trust in the years ahead.

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What is in a typical Estate Plan?

When one has an Estate Plan, and more specifically, a Revocable Living Trust, it is important that that Estate Plan be administrated. In other words, an administrator is the person that is nominated in the Living Trust document to manage the Trust.

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What is Probate?

Due to the fact, at least in the state of California, if you own real estate, you will be required to court-supervised Probate. Probate is a lengthy, costly, bureaucratic, court process, which the majority of Californians will have to go through. There is an option to avoid Probate, and that is the Estate Plan which would include a Living Trust.

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Slide SENSIBLE At the Lawyer in Blue Jeans Group we strive to keep it simple - providing our clients with a superior customer service experience and top-notch legal documents. We want you to feel relaxed and have a full understanding of your legal needs and how we can help to achieve them. Our comfortable and welcoming environment is more about “substance” than style. Slide EXPERIENCED At the Lawyer in Blue Jeans Group, our expert attorneys have over 50 years of combined experience. We specialize in the practice of Estate Planning, Probate and Trust Administration. By focusing our specialization in this field of law, we are able to deliver superior legal advice while staying up-to-date on changes that could affect your estate. Slide RELIABLE When you are seeking legal representation, you need a firm you can trust to do the right thing and protect your best interests. This is especially true when managing important assets such as your family’s estate. The Lawyer in Blue Jeans Group has been providing high quality legal services since 1976 and has helped more than 10,000 satisfied clients with their legal needs.
Living Trust Lawyer Near Me Bonita

Searching the internet for a living trust lawyer near me Bonita can produce a variety of attorney options, but your best option lies with The Lawyer In Blue Jeans Group, home-based in San Diego.  Our niche area of expertise lies in Estate Planning and Probate Law – this legal arena is our entire focus! 

Our team of attorneys specialize in Living Trusts. We assist families in Bonita with comprehensive Estate Planning needs.  When combined with a Living Trust, an Estate Plan encompasses some of the most important decisions one will make in one’s lifetime regarding what kind of legacy one will leave for the ones they love, as well as how quickly and efficiently relevant assets will be distributed.


Why You Should Create a Living Trust

One very critical advantage of a Living Trust is that it ensures one’s designated beneficiaries will avoid the headaches and hassles of Probate Court.  If only a Will exists without a Living Trust, Probate takes effect by default. This can immediately, and often, result in drawn-out, burdensome court proceedings that are not only very time consuming, but costly.

Without a Living Trust, it can take at least a year or more for named beneficiaries to legally access their inheritance which could include bank accounts, investments, homes, real estate, vehicles, etc.  Probate Court assumes the management of a decedent’s Will. His or her assets remain frozen until Probate determines the division and distribution of those assets.  A Living Trust eliminates Probate, entirely.

Our team guides clients through wise and judicious decision-making, helping Bonita families stay out of Probate Court – saving an immense amount of personal time, effort, money, and frustration.  Our Living Trust lawyer team is near you.  Give us a call at 619-683-2545 or come visit us at our San Diego location.


An Estate Plan + a Living Trust = Your Peace of Mind

If a family member’s last Will is submitted for Probate, that information becomes a matter of public record.  The creation of a Comprehensive Estate Plan and a Living Trust allows personal information to remain entirely private.

As mentioned, the Probate process freezes a decedent’s assets, and those assets cannot be sold, transferred, or managed by named beneficiaries until the Probate process comes to an end.  If you are the bequeather of an estate, a Living Trust lawyer from our team will help you establish your Estate Plan, giving yourself and your loved ones complete control and peace of mind.

With a solid Estate Plan in place, our Bonita clients harvest critical benefits which include: 

  • Cutting costs:  California is known for its exorbitant Probate costs which can be as high as 5% or more of the gross value of the estate.  All property that has been transferred into a Living Trust avoids Probate.
  • Saving time:  It is not uncommon for a Probate proceeding to stretch out over several years. Contrast that with a Living Trust procedure where the transfer of property to named beneficiaries can take place in a matter of months, or less.
  • Avoiding multiple-state issues:  If you own property in more than one state without a Living Trust, a separate Probate proceeding must be conducted for each state.  This means additional costs, additional personal time expended, and delays within the Probate process.  With a Living Trust, all assets – regardless of where they are located – are placed in one Trust.  Multiple Probate proceedings are avoided.
  • Discouraging legal challenges:  Typically, a Living Trust is much more difficult to challenge than a Will.  Any interested person may contest a Will at the initial Probate Court hearing. Contesting a Living Trust, however, involves a costly and time-consuming process that discourages most people from initiating a challenge. Trust language can further discourage contestation by heightening the risk of doing so.
  • Protection during disability:  If, for whatever reason, you become incapable of managing your affairs – buying or selling property, withdrawing funds, paying bills, etc. – a Comprehensive Estate Plan ensures your successor trustee will manage your assets until you regain your health.

Our Living Trust Lawyer team is available for Bonita families when it’s time to draft a Proper Estate Plan that includes a Will, a Living Trust, an Advance Healthcare Directive, and a Durable Power of Attorney.

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3990 Old Town Avenue
Suite A-102
San Diego, CA 92110