Law Offices Of Connie Yi, PC
Tell Us About Your Case

For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at 925-484-0888 or email us directly at [email protected] to schedule the consultation.

Bay Area Estate And Tax Planning Law Firm
Estate Planning
Trust Administration and probate

Get
Started

  1. You are here: Home
  2.  » 
  3. Estate Planning
  4.  » Living Trusts

What Are Living Trusts?

Many people establish living trusts as a way to protect and maintain control over their property and allow for ease in transferring that property to designated beneficiaries. A living trust can also help save money.

I am attorney Connie Yi. I can help you set up both a revocable living trust and an irrevocable living trust. Please call my San Francisco offices at 888-312-6978. I speak fluent Mandarin and Cantonese.

Understanding The Benefits Of A Living Trust

One of the main benefits of a living trust is that it allows property held in the trust to bypass the process of probate. Additionally, a living trust offers a greater privacy protection than a simple Will.

A living trust allows you to stay in control of your assets while you are still living, even in the event of incapacitation. Without a trust, the state may intervene and assume control over your assets. When you create a trust, your individual preferences will be stated and the state will have no control over the property held in the trust.

After your death, the property held in your living trust is managed by the trustee and distributed according to your preferences. It is important to work with an estate planning attorney when creating a trust to ensure that your wishes and preferences are documented.

Questions? Please Contact Me To Learn More.

If you want to learn more about a living trust vs. a will, or if you are interested in setting one up, please schedule a consultation today.

Recent Blog Post

The basics of international estate planning

International estate planning is recommended to members of families who live apart in separate countries. An international estate plan helps an estate owner from California and its beneficiaries who live and own assets in different countries. There are certain...

What Are FLPs And LLCs?

There are many small to moderate-sized businesses in California that must choose the type of entity they want to operate as with respect to structure. While there are many sole proprietorship and equal partnership arrangements, two of the most common are actually...

How to include digital assets in your estate plan

California law allows you to include digital assets in your estate plan. You can give an executor, trustee, administrator, or fiduciary authority the ability to access and modify your digital assets after your death. Files Files are often forgotten about during the...

View More Blog Posts