Frequently Asked Questions (FAQs)
Living Trusts and Probate
Why should I want to avoid probate?
There are three drawbacks to probate which prompt many clients to elect to pass on wealth through a living trust, without the need for the court to be involved: the cost of probate, the delay in distribution of the assets, and the lack of privacy. See the answers to FAQ regarding probate for an explanation of the drawbacks.
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FAQ Categories
- Living Trust
- Living Trusts and Probate
- Funding a Living Trust
- Bank Accounts
- Powers of Attorney
- Conservatorships and Guardianships
- Alternatives to Conservatorships and Guardianships
- Medicare and Medi-Cal (Medicaid)
- Probate
- Taxes
- Disqualified Beneficiaries
- Joint tenancy, Community Property, Domestic Partnerships