Trust Administration

Irvine Living Trust Formation Law Firm

Many people think they cannot afford an estate plan. The truth of the matter is, it is far more cost-effective to put an estate plan in place than it is to go without. A $2,000 estate plan can avoid upwards of $20,000 in attorney's fees later on.

The same is true when it comes to trust administration. Hiring an experienced trust administration lawyer is a wise and relatively modest investment.

At the law offices of Gleit & Brabec, LLP, our attorneys are highly experienced in helping executors and trustees to carry out their duties. In addition, we help probate wills under California law, submitting them to the probate court and efficiently shepherding them through the process.

Trustworthy, Knowledgeable, Experienced
E-mail Us or Call 949-727-9690 • Free Consultation

We know how to make sure probate and the estate administration process proceeds smoothly and in an efficient manner. Our attorneys help family members to understand what is involved, what they can expect and how long it will take. Because we know people are often on an emotional rollercoaster following the loss of a loved one, we communicate regularly with our clients throughout the trust administration process to remain attuned to their needs.

What is a living trust?

• A living trust is a legal arrangement that enables your heirs or beneficiaries to avoid probate. As long as you are alive, you maintain complete control; you can change or terminate the trust at any time. Establishing and funding a living trust are surprisingly easy.
• Without a living trust, your family may be forced to endure the avoidable expense and burden of state probate court proceedings, even if your assets are modest. Your survivors may also be subject to federal estate taxes that are easily avoidable.

If I have a will, do I need a trust?

• A will, alone, may not prevent the substantial cost and inconvenience of probate. A living trust is the most effective means to avoid probate.

What are the additional benefits of a living trust?

• A living trust avoids the need for a conservatorship if you should become incompetent or incapacitated.

A living trust can continue for the benefit of:
— Your spouse
— Your minor child or children
— Your adult child or children with special needs or problems
— Your elderly parent or parents

To find out more about our property transfer and trust administration practice and how our law firm can help you, please call or e-mail Gleit & Brabec, LLP.