Searching for a Sacramento Trust Attorney? We are Attorneys Real Estate Group and have handled tons of living trusts, wills, deed transfers and more over the years and are exceptional at getting the job quickly and accurately at rates that you can afford. Getting your trust or deed done is related to estate planning and as you may or may not know, this is something that you will want to have in order especially the older that you get.
Our trust attorneys are extremely well certified and licensed and have experience getting the most effective wills & trusts set up for your situation. We can help you set up your trust, will or estate plan in a manner that is optimal for you. Since we understand that no two people are the same, estate planning is rarely effective as a cookie cutter type of situation or a one size fits all solution.
Here are a few reasons you may want to hire a Trust Attorney in Sacramento:
#1. Avoid Probate Court
The first reason to come to a trust attorney is so that when the inevitable happens, you can make sure to avoid probate court. Probate just means essentially that you did not set up your trust & will correctly or at all, and now the courts have to get involved and make some sort of legal decision. This also means the court may step in to dispersing with any remaining assets such as a home or other property, and they may also get involved with how to pay off any remaining debts that are owed from the deceased.
#2. Minimize Transfer Taxes
Another big place the courts can get you is when an estate is passed on, there can be huge transfer taxes that are required to be paid. This can really eat into the value of the asset and the amount you see back. However there is an intelligent and legal way to get around this thorny issue. The 3 taxes that can really take a big bite out of your juicy estate apple are: the estate tax, gift tax, and generation skipping transfer tax. A good trust attorney will come up with a smart plan that helps to minimize the amounts of taxes you owe to Uncle Sam.
#3. Planning For Philanthropy
If you are a charity minded individual or someone who wants to make a legacy plan for your estate we can help you with that as well. You can set up a charitable trust or a family foundation, it can be in your name, or you can decide to donate your funds to an existing organization whose causes you can really get behind and believe in. A sacramento trust attorney will go over all your goals in regards to your legacy and where you would like the funds to go and make sure that they get there properly.
#4. Protecting Family Wealth
The wealthier people get, the more damage a random lawsuit can do to your estate, or other issues may arise, with wealth comes a sort of target that goes on your back. A lot of folks come to us in order to remove their name from their money, which is in essence what a trust will do, your income will be preserved inside a legally and financially protected vehicle that has only that purpose, to preserve and protect your wealth.
#5. Keep Children Out Child Protective Services
Of course in life, there are nightmare scenarios that we don’t like to think of, but probably should. If you and your spouse are in a serious debilitating injury for example, what exactly would happen to your kids? Some people would have family or friends who would be able to pick the kids up, or act as their custodial guardian, but not everyone would have this contingency plan in place. In the event that this happens, your kids by state law would be placed in child protective services. Having a will in place can help to avoid this situation by clearly stating your wishes should this occur.
#6. Get Property Dispensed Quickly
The other issue that we see a lot of when a trust in not setup accurately is that property can take a long time to be dispensed and dispersed to those in your will. Sometimes the delay can take 3-9 months to receive. This can be big issue when your family is trying to afford funeral costs, pay other miscellaneous bills and costs that can really add up after the loss of a loved one. A properly setup estate plan can guarantee that this does not happen and that your family gets the funds they need quickly enough to not be caught in a sticky situation.