Tenant & Housing Rights

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CALIFORNIA TRUST

What is a TRUST ?

A Trust, is basically a legal document provides detialed instrucitons about how your estate should be handled and distributed after you pass.

Why do I need a TRUST ?

If you live in California and your estate is valued at $188,250 or more, including the equity in your home, it’s essential to have a Trust in place. Without one, your heirs will likely have to go through probate, a lengthy and costly court process. A properly prepared trust allows you to pass your assets directly to your loved ones without the need for court involvement or additional legal fees, making the process smoother, faster, and far less stressful for your family.

Review the list below. You need a Trust if you have any of these items:

Your total monatary worth is more then $188,250
Biological and/or adopted children
A child with a disability
Step children
Multiple marriages
A business
You own property in CA
Want to give inheritence to a non relative
Have a mean or mentaly imbalance relative
Want to give money over time

What happens if own more then $188,500?

If you have a Will but no Trust, and your total assets exceed $188,500, your estate will need to go through probate before anything can be distributed to your heirs. Probate is a court-supervised process that can be costly, time-consuming, and often stressful for families. Probate can sometimes taking months or even years to complete. A trust helps you avoid probate altogether, making it easier for your loved ones to receive what you intended for them, without unnecessary delays or expenses. Probate can also cost your relatives large attorney fees.

What is Probate?

Probatemandates that your executor will: