Is a Living Trust Worth It for Small Estates?
The question of whether a living trust is worthwhile for smaller estates is a common one for many individuals and …
How should I prepare financially for the costs of estate administration?
Estate administration, the legal process of settling a deceased person’s affairs, can be surprisingly expensive. Many individuals assume that passing …
How often should I update my estate plan?
Estate planning isn’t a one-time checklist item; it’s a dynamic process that requires periodic review and updates. Many individuals assume …
How long does trust administration take?
The question of how long trust administration takes is one Steve Bliss, an Estate Planning Attorney in San Diego, fields …
How is successor trustee power passed on within a testamentary trust?
Testamentary trusts, created within a will, are powerful estate planning tools, but understanding how the power of the trustee passes …
How is a testamentary trust different from a living trust?
Estate planning often involves various tools to manage and distribute assets, with trusts being central components. Two common types of …
How does an irrevocable trust differ from a revocable trust?
Estate planning is a crucial aspect of ensuring your assets are distributed according to your wishes and protecting your loved …
What are the advantages of a revocable living trust?
For many San Diego residents, estate planning isn’t about anticipating death; it’s about proactively managing assets and ensuring a smooth …
What are common mistakes when creating a trust?
Establishing a trust is a powerful estate planning tool, offering benefits like probate avoidance, asset protection, and controlled distribution of …
Should I tell my beneficiaries about the trust now?
Deciding whether to inform your beneficiaries about the existence of a trust, and its contents, is a frequent question for …