over 28 years serving all of Riverside and San Diego County. Attorney Hanks prides himself on client contact and satisfaction. He has pervasive experience in drafting comprehensive, ironclad living trust packages. His rates are very affordable. Paul Hanks is also published. In a recent article, he points out that it’s not death and taxes most of us should be worrying about, but death and probate. Protect your estate with an ironclad living trust. Click forComplete Trust Pricing and Package
About Our Services
Iron Clad Living Trust offers great deals on complete living trust packages. They consist of a full array of
Ironclad Living Trusts is managed by Living Trust Attorney Paul A. Hanks. He has a track record of 30 years as a practicing California lawyer with a very sharp focus on quality estate planning. The power of a sound estate plan with a comprehensive living trust as the centerpiece cannot be understated. Many people mistakenly believe that a Will alone is enough to avoid probate. The truth is that in California, having
. Existing deeds must be examined for deficiencies unknown to the property owner. For example, if husband and wife only hold title to their home as “joint tenants” on the Grant Deed, rather than as “community property with right of survivorship”, a capital gains tax liability has been created that a Trust can correct, but not a Will.
A living trust also avoids the need for the filing of a spousal petition upon the death of the first spouse. Exorbitant probate fees and costs are saved and passed on to your beneficiaries. The trust also allows for retention of an asset such as a home rather than its forced sale resulting from the need to cover probate fees. A living trust also contains provisions which address your incapacity and provide for the protection of your estate resulting from government funded services through Medi-care or Medi-cal. The troubling reality is that a very large percentage of the elderly rely on government funded medical benefits as they age, and their home’s equity can be the subject of an estate recovery upon their death unless proper planning has been done. Having a home
in trust also makes it very difficult if not impossible for a scammer to commit loan fraud.
Another added benefit of a living trust pertains to married couples. Only a living trust can provide you with the feeling of security in knowing that, after the death of the second spouse, your assets and wealth will eventually pass to your selected beneficiaries, and not end up with some stranger who you did not even know before the time of your death. Married couples often make a huge mistake thinking that their estate is secure for their next generation without a trust in place. As
went above and beyond working on our living Trust. He explained everything we needed to know about Living Trust’s. I highly recommend Ironclad Living Trust for you and your family.
Diane K.
14:59 22 Aug 25
We highly recommend attorney Paul Hanks at Ironclad Living Trust. He is straightforward, efficient and provided
We looked at multiple firms and Paul Hanks and the Ironclad team made the process super easy and relaxing. Professonal, Accommodting and Attentive.
Kevin P.
01:48 01 May 25
Ironclad Living Trust is the place to go for peace of mind when planning for your family's future. Attorney Paul Hanks explained the many legal tools available for estate planning, answered all of
Paul was professional from beginning to end of the process of creating our living trust. We now have peace of mind that our affairs are taken care of if anything happens to us. He accommodated us when we requested our first meeting as in-person instead of over the phone. He answered all our questions so we felt comfortable
with our decisions. He was also very timely in creating our living trust. I liked how he sent us staggered emails of the first drafts of our documents to review so we didn’t get overwhelmed with too many documents to review at one time. Overall, I recommend him if you need a living trust done right!
Raumey W.
21:52 10 Feb 25
Paul Hanks of Iron Clad Living Trusts made my Trust very simple and explained
, professional and took the time to explain every detail of the process clearly. His attention to detail and dedication to ensuring everything was tailored to our specific needs gave us complete peace of mind. We highly recommend Ironclad Living Trust.
Giuseppe D.
18:01 08 Feb 25
Paul and his Team are very professional, courteous and make the whole Trust setting process easy and
My husband and I have been thinking about opening a trust fund for a while but we didn't know how the process goes. Thankfully, my sister found Ironclad Living Trust and referred me to them. The process is not as daunting as we daunting as we were expecting. We are very pleased with their service. They are very
a friend and so glad we went with him! We felt the cost was very reasonable and service super responsive. He even had the notary come out to the house (on a Saturday) to finish the process. The trust is very well set up and he caught something on our deed that could have very much cost us quite a bit. Highly recommend!
J M
07:52 31 Oct 24
Attorney Paul Hanks provides an excellent service and a thorough estate plan. I contacted him by email, and within a couple of days, my trust was drafted and ready for review. I only had a few corrections. Otherwise, it was a well-drafted plan. I have read and researched estate plans and even talked to a few other places, and I have done one myself previously, but with my busy schedule, I want to make sure it is done correctly and recorded accurately. Atty Paul Hanks diligently worked on my estate plan in such a short time, but he was very detailed, knowledgeable, and reliable. I have nothing to
say but good words about the service he provides in reasonable price. I like that I communicate with him directly, with no middle person. He is straightforward and genuine and answers my emails or texts promptly. FIVE STAR SERVICE all across. Thanks, IRON CLAD LIVING TRUST!
Brian W.
20:27 26 Sep 24
Attorney Paul Hanks is very informative, helpful and professional. He was very thorough
Living Trusts. He is knowledgeable, thorough and professional, so I am glad I did. I’ve already recommended his services to two of my friends and recommend him to anyone reading this.
Pickin Packin P.
17:40 22 Jun 24
Look no further than Ironclad Living Trusts for all of your estate planning needs!! Paul A. Hanks and his team work tirelessly and professionally to quickly provide you with a rock solid trust package at the absolute best price guaranteed. We are completely satisfied with our experience with this 5 star business. Thank you
We have been wanting to complete our living trust for several years, but could never seem to find the time. After meeting with Paul Hanks, it was clear that he would make the process simple and easy for us. With only a few back and forth emails, a few procured documents, and 2 brief in person meetings, we were able to complete our
entire living trust package! I was pleased with the process and ease involved.In addition, I was impressed with Paul's vast knowledge of his industry. He presented scenarios that I hadn't, which further helped us to structure our trust in a way that makes sense for our family. Paul was clear with direction and broke complicated things down in a simple way.I highly recommend Paul Hanks for your living trust needs!
Mary V.
21:40 06 Jun 24
My husband and I were very fortunate to have found Attorney, Paul Hanks/Iron Clad
Living TrustsMr. Hanks was very knowledgeable and so helpful in preparing our Trusts. He answered all our questions and concerns.The Trusts were prepared and we executed them in a very timely manner.The cost was very reasonable.We highly recommend Mr. Hanks.It was truly an excellent experience.
Leon
20:14 06 May 24
Excellent , Highly recommend, Fast response service, Very
Paul did an awesome job on our trust. It was rather complicated as we were coming from another state and multiple properties were involved. He came through
Paul Hanks with Iron Clad Living Trust was very knowledgeable. He answered all the questions my husband and I had and responded in a timely manner. Previously we met with another law
I needed for my trust. I didn't live close by, so everything was done remotely and explained with detailed email instructions and phone and I was very satisfied. He also set up a notary for me to come to my house. The cost was $895 and thought that was very reasonable. Paul Hanks was a pleasure to work with. I would highly recommend Iron Clad Living Trusts.
Caroline B
17:17 19 Feb 24
We cannot say enough good things about Paul's professionalism and expertise. He thoughtfully walked us through our revocable living trust with patience, and provided clear explanantions without innundating us with legal terminology. Integrity, honesty and transparency are his hallmarks. We
feel secure knowing we can rely on Paul's guidance for whatever comes our way.
Johnny M.
20:52 30 Jan 24
Paul came through in a last minute notice, answers all questions and concerns. This is my first time ever doing this and he walked me through every step. He provided me with additional advice on how a pour over will works and what I
can do with future investments. He even stayed on the phone while all the docs were notarized incase he had any questions. A+ service and would highly recommend. Especially with his prices!!
to us to have a Living Trust. After talking to several attorneys, we chose Ironclad Living Trust. Working with Attorney Paul Hanks was a very positive experience. He answered all of our questions and went step by step while building our Wills and Trust. Professional process, reasonably priced and very fast. We were totally satisfied!
Diane S.
19:27 21 Jan 24
We are very happy with Ironclad living trust . Attorney Paul Hanks was very helpful and right off the bat pointed out some very important details on how our Deed was written up. If it weren't for him we
would have never known about. Everything done in a timely matter and fees were affordable. Thank you Ironclad for the help and knowledge though our Trust experience.
much easier than anticipated. Everything ran smoothly and we were finished very quickly. I highly recommend Iron Clad Living Trusts for anyone wanting to help their family.
Jack D.
17:19 08 Oct 23
I wanted an experienced attorney in living trusts and one who was local
to my location. I was pleasantly surprised to find Paul Hanks an awesome attorney with years of experience. I will refer as many people as I can to him because of these facts. He is also fair in his price!
Jasmine T.
22:43 17 Sep 23
After checking online and calling Living Trust Attorneys, I called Iron Clad Living Trusts and made arrangements for my wife and I to come in for consultation. Attorney Paul Hanks is a kind, humble, smart, and very thorough living trust attorney. He explained the process to us in detail and delivered the trust promptly. He
Trusts and attorney Paul Hanks to establish our living Trust was a very positive experience. Mr. Hanks was extremely knowledgeable and efficient yet personable and friendly in a way that inspired confidence in his ability to produce a quality product at a reasonable cost. We are very satisfied with all aspects of our interactions with Iron Clad Living Trusts and can recommend them without reservation.
working with Iron Clad Living Trust and Attorney Paul Hanks, and I couldn’t be more pleased with the experience. From the moment I reached out to Paul with my interest in creating a Living Trust he exhibited the utmost professionalism, experience and patience answering my questions. Paul’s expertise and attention to detail were evident throughout the entire process, making me feel confident and well-informed every step of the way.Attorney Paul Hanks not only provided expert legal advice in a clear and easily understood manner, but provided so much more like Wills and Power of Attorney documents in the deal at a fair price. He never asked for a penny until everything was complete and I was satisfied. Paul and his assistant Patricia were responsive and returned calls and emails quickly making the process fast and easy. Paul even called me while I signed all the documents with the notary to ensure everything went smoothly. Fantastic customer service!I highly recommend Iron Clad Living Trust and Attorney Paul Hanks to anyone looking to protect their assets and keep them where you want and out of courts. You won’t be disappointed!
Living Trusts was great. I have put off doing my trust and Paul made this process so easy and affordable that I should have done this sooner. Paul was able to answer all my questions, returned calls in a very timely manner and knows what was needed to set up my living trust. I feel so much better knowing that my family affairs are in order.I highly recommend Iron Clad Living Trusts.Thank you Paul for doing this for me.
J D.
19:19 10 Jun 23
My parents worked with Iron Clad last year and were satisfied! This year, a year later, Iron Clad
was able to easily and quickly make adjustments to their Trust. He was quick and responsive to our questions. Thanks!
Angela F.
19:12 10 Jun 23
Paul Hanks at Ironclad Living Trusts is fantastic! We chose Attorney Paul Hanks because he is extremely thorough. He crafted for us a very detailed Trust that protects our assets from going into probate as well as carries out our final wishes. Paul also provided us a whole document that he hand crafted himself on how to handle our current assets in the new name
of our trust. The rates are also very reasonable and Attorney Paul Hanks is easily reachable and responds very quickly. He was a pleasure to work with! Thank you Ironclad Living Trusts!
and answered all our questions and finished our trust in a timely manner. Highly recommend Paul and his staff
Richard Y.
18:58 12 May 23
I had been looking for a trusted Attorney that would walk me through the process as I had never established a Living Trust before. I am very happy to have found Attorney Paul Hanks. He was very patient and
answered my many questions throughout the process. If you are looking for a comprehensive Living Trust package Paul at Ironclad Living Trust in Temecula is the place to go.
Brian M
15:42 08 Mar 23
Mr. Hanks and the Ironclad team were very professional and answered every question i had.My Trust was completed in 2 days - Super Fast and on PointI will definitely be referring
him most. We needed a trust in a hurry! Our call was returned fast! All of our questions were answered and we were given tons of useful information that we didn't eventhink of. Paul Hanks in person was professional, kind, listened to all of our concerns and got our trust done fast. We are so thankful and have peace of mind. If anyone needs this service, we recommend Iron Clad Trust!! A++!
Olga Kazmina G.
02:45 17 Feb 23
I have been a Notary for Paul for the last year. Paul is very professional and easy to work with. It’s
. He is very knowledgeable, patient and organized. He made the entire process so easy and kept in contact the whole way through. I am comforted knowing that Paul covered all the bases with the trust and we are in good hands. Not to mention, he is so personable and kind. Which goes a long way!
Linh H.
01:22 19 Jan 23
Paul is very honest, thorough, patient, & a good guy. Paul was recommended to me from a friend. His prices for a living trust are very competitive. I picked him after "interviewing" 6 other living trust attorneys for the job.
He's the right person for the job. The whole process for a living trust took around 6 days via email. The actual signing was 45minutes in person with a notary he lined up. Paul made everything very easy. I highly recommend him!!
Gail V.
16:24 21 Nov 22
I was referred to Iron Clad Living Trusts and was very happy with
the timely service. I live quite a distance from this office and was able to do my Trust virtually. Within a week my trust was complete and recorded. Paul Hanks even called in when I was with the notary to ensure all documents were signed correctly. Thank you Paul for giving me Peace Of Mind. I highly recommend this company for your trust needs.
Tim
22:16 19 Nov 22
Paul Hanks was so easy to work with. He completed our Wills and Trust a few years ago and made it a great experience. We just had him help us with an amendment to the Trust. He made suggestions that made to process very understandable, and his help got us exactly what was best for us. Strongly recommend him to work with you for
experience. He was well organized, detailed and responsive to our family's needs. We were able to complete the process in a matter of months. I never thought that he would have a mobile signing service for the documents, but once I was made aware of the service it was an offer to good not to pass up. Thank you!
Michael H.
19:48 21 Sep 22
Ironclad Living Trust performed an outstanding services. Attorney Paul Hanks clearly explained what documents were required to start a living trust and walked me though how to fill out each document. I was extremely satisfied and would highly
recommend Ironclad Living Trust services.Michael Henninger
Deb H.
00:01 26 Aug 22
I needed to update my trust and had been putting it off, so I found Ironclad Living Trusts online and sent an email. Paul Hanks replied to my email right away and sent me information and paperwork to fill out. Paul answered my
questions completely and was always clear and concise with his answers. My new trust was completed within a week. Easy peasy. I would recommend Ironclad Living Trusts to anyone who needs help setting up their trust.
Qesther
06:06 20 Aug 22
I called several businesses and decided to go with Iron Clad Living Trust because the price was right and I didn’t have to wait for weeks to have my Living Trust completed.Paul Hanks of Iron Clad Living Trust, was very patient and professional. I didn’t have to have a deposit and I
My wife and I recently decided to create a living trust. We did our research and decided to go with Ironclad Living Trust located in Old Town, Temecula, CA.Our Attorney Paul A. Hanks did an amazing job explaining the whole process and making it easy for us. Our living trust is very detailed and covers more than we expected at a very reasonable
long we selected Atty. Paul Hanks of Ironclad Living Trusts. We couldn't be more happier that we did. He made it simple and easy for us to understand and created a Trust that suits our family perfectly. Thanks Paul for everything, and now we are at ease that all is in place with our wishes.
had no idea that I would find accompany that would be as helpful as Iron Clad.From the moment my father and I walked in the door, Paul Hanks was there for us.From sending documents for our review, to his e-mail reminders for our upcoming appointments.Top notch service
James D.
19:14 11 Apr 22
I was referred to Ironclad Living Trusts I found Attorney Paul Hanks to be very helpful in dealing with issues concerning an existing Trust and helping with establishing a new Trust in the future. Very timely in responding to your
found Paul Hanks Ironclad Living Trust! We spoke with many Living Trust attorneys and non attorneys with little understanding or reassurance. Paul helped us understand and secure a Ironclad Living Trust. We are rest assured with Paul's services. He was a pleasure to work with. Very patient and professional. I will always referr Paul Hanks Ironclad Living Trust to everyone.
was extremely helpful when questions were asked. I would highly recommend this business
Brandon D.
05:33 25 Jan 22
Attorney Paul Hanks at Ironclad Living Trusts has been an absolute godsend to me. I contacted Ironclad Living Trusts for help after my father passed away and he left his estate to me. My experience with attorney Paul Hanks throughout the process has been nothing but positive, he’s been there for me every step of the way, from transferring property out of my dad’s estate to drafting a comprehensive “Ironclad” living trust for me. Whenever I had a question, he had an answer for me within a matter of minutes. His communication was fantastic! I couldn't believe how easy he made the whole process and how quickly we were able
to get things done. In my time of need, attorney Paul Hanks was there for me and that says it all.Attorney Paul Hanks is an all-around good guy with your best interests at heart. He is genuine, friendly, and most of all, a man of integrity. I consider his estate planning services to be second to none. I send my love and gratitude to Attorney Paul Hanks and his family as well as Ironclad Living Trusts. Thank you so much!
Lezlie R.
21:03 21 Dec 21
Look no further than Attorney Paul Hanks at Ironclad Living Trusts. He provides you with everything you will ever need for estate planning at a quality, affordable price. His documents are precise, simple to understand, to the point and effective. I was amazed at how quickly he responded to any of our questions and how he got
to work right away on our Trust once we decided to go forward with him. He is also very friendly to his clients and he works well with people from all backgrounds, orientations, and walks of life. Five stars.
Marla W.
16:58 13 Dec 21
We went to Paul Hanks on the recommendation of a friend who
had used him to do a Living Trust. This also includes a will and health care directives. We didn't have to pay him until the meeting to sign docs. I can highly recommend Paul. He was flexible with our schedule and always available for questions. I had family that got swindled back in the day so I made sure to read all the fine print, haha. Also, it was great that he is located right here in our valley. We didn't know what to expect, but he made it so easy and comfortable.
Cari L.
00:31 11 Dec 21
Great and easy experience!! Paul is very knowledgeable
Attorney Hanks was amazing in setting up our Trust! He was patient and very knowledgeable. We had a very specific Trust that needed to be done and Attorney Hanks went above and beyond
. He made the entire process so easy. He replied to every question we had in a manner we could understand and followed up to ensure we understood the details of our Trust. Even with Covid going on he made it all happen so efficiently.
Neil
15:10 07 Dec 21
Paul was knowledgeable and professional. He made us feel comfortable throughout
the process. We will definitely refer him to our family and friends.
Eduardo V.
01:21 04 Dec 21
My wife and I are so pleased we had Paul Hanks prepare our Living Trust, not only is he very professional and thorough during the entire process, but also makes you feel comfortable and supported with his guidance at all times. We absolutely recommend Ironclad Living Trust being the
trust and other associated documentation I came upon some great reviews for Ironclad Living Trusts. I contacted attorney Paul Hanks and felt comfortable with his knowledge and professionalism. He was able to put my mind at ease with his no-nonsense, friendly and professional attitude which was refreshing. It was a pleasure to do business with him. I would not hesitate in recommending Iron Clad Trusts.
Mary B.
18:03 26 Oct 21
Paul Hanks at Ironclad was on top of his game very professional and always made sure he made it comfortable for me to ask questions I was new to all this wasn't sure on how
to go about this. This was for my praents and was there needs.And also explained everything on the living trust my parents were happy on how everything was handled. Highly recommend Mr Paul Hanks Thank you for your professionalism.
B. W.
14:02 20 Oct 21
I used Ironclad Living Trust (Paul A. Hanks) for the latest amendment to my trust that he previously created for me. As before, he
was extremely thorough in the prep of my amendment. He was readily available during the process and addressed all my concerns. Very good quality for the money spent on my trust and the amendment.
Robert
02:30 09 Oct 21
Would like to thank Paul Hanks at Ironclad living Trust for the best service I've ever had he took care of all our needs for my wife and I, was more then helpful explaining all aspects of the trust and went out of his way to help us I would just like to say Thank You.All so you won't be disappointed check out his
Paul Hanks of Ironclad living trust was very thorough and professional . He brought up considerations for inclusion in the trust I had not thought of. I am glad i did not try to do it my self with online document service. It was good value and prompt service. very satisfied
my information to just anyone. I researched Paul Hanks and Ironclad Living Trust and found nothing negative. I gave him a chance and found Paul easy to work with. He was very thorough and professional. The end result was great and had more areas covered than just the trust than I knew I needed. I have to say the price was also great. He is located in the town of Temecula. Thanks Paul
Juanita Y G.
03:16 15 Aug 21
My experience with Ironclad Living Trust were stupendous through
and through. Great experience overall having Paul Hanks as my lawyer. He understands his clients, very insightful and is an expert in his field. Very efficient and personable. Truly a professional and marvelous individual. Highly recommend their services.
Deb D.
19:41 01 Aug 21
I wish I had gotten "my affairs in order" a long time ago because Paul Hanks at Ironclad Living Trusts made the process of creating a revocable living trust
My husband and I finally did a living trust after years of procrastinating. Paul Hanks of Ironclad Living Trust made the process go very smoothly. He answered all of our questions in a timely manner. He let us know exactly what everything was in
couple days. I would definitely recommend him for your needs.
Elizabeth M.
02:22 24 May 21
Paul Hanks helped with my family's living trust. He answered all our questions before hiring him and kept great communication thoroughout the process. He is very informative knows California' s property laws. Paul Hanks is an honest person and charged the exact amount he had quoted us at the very end of
and found Iron Clad Living Trust, Attorney Paul A. Hanks. Mr. Hanks offers exceptional service, very informative, kind and friendly. He completed my will and trust to my specifications. Paul is very professional, timely and fair. He explained everything very thorough and made my experience seamless. I highly recommend Iron Clad Living Trust, Attorney Paul A. Hanks.
and helpful in getting my trust in order, it was quick and accurate.
Matt C.
20:45 07 Apr 21
Attorney Paul Hanks was the consummate professional in guiding me through establishing my living trust, and drafting a comprehensive set of documents to ensure my family will not have to stress when I pass. Remember that you are doing this for your loved ones, and
to that end do not try to do this on your own with boiler plate documents purchased online. You should get help from an experienced attorney like Paul. His fees were super reasonable, and he really cares about his clients.
at Ironclad Living Trust provided great service in creating a Trust for my estate. It was a complete package that included everything that will be needed by my Trustees. Paul Hanks went into great detail in explaining the purpose of each document, so I would know everything in my estate was covered and going to the right people. Aside from the great product, the communication regarding appointments, required documents and availability to answer any questions was great. The icing on the cake was the very fair price for the Trust package and the free initial consultation.
Sandra G.
00:10 06 Nov 20
Paul Hanks handled my living trust with such ease. Paul is very knowledgeable on what a person needs in order for our loved ones to avoid probate during one’s death. Paul is very affordable and his office is easy to access. I felt comfortable with Paul handling my living trust
setting up my trust. He's very knowledgeable, explains everything, tailored the trust to fit my individual circumstances, completed the trust in one week, and his pricing is very fair and competitive.
ariel F.
04:43 05 Feb 20
5 stars is great for reviews, but not enough for Mr. P. Hanks. He iswell deserved of 10 stars for his prompt, quality work, and excellencein a well organized service. I spoke to quite a few other professionalsto do my Living Trust but after I spoke to Mr. Hanks I knew at that moment that he was the one that I would be using. If Confucius was with us, I am sure he would concur with
my documents and I had the finish product in a few days. I called several months later to ask about a referral to another professional in the area. His secretary called the next day with a name and phone number.
A proper estate plan centered on a living trust and power of attorney is vital for anyone. We also offer pour-over wills. People work very hard to get home. Everyone knows that wealth is hard to come by. It is often surprising to see how many fail to have plans for them in place. Many people believe that merely having a will is enough to avoid probate, which is a trap for the unwary. In California, assets
exceeding $150,000 will trigger costly and time-consuming probate. It can be troubling to have a single unaccounted asset (such as a stock, bond, annuity, or other investment). It may result in a lengthy and expensive probate proceeding.
Owning real property is another high-risk area for an unwanted probate case. All homeowners should evaluate their estate needs. You should protect yourself with an estate plan and power of attorney. If you own a home, but it is not part of a living trust, you are probably an excellent candidate for a living trust. A living trust insulates the home from probate. It also gives the
beneficiaries of your home greater flexibility to retain the home as an asset. Since a living trust will avoid probate of the home, there cannot be a forced sale to cover probate fees.
living trust can provide you with a feeling of security. You will know that your wealth will pass to your selected beneficiaries. As you have stated in the trust, a trust provides that the estate will pass upon the second spouse’s death. A will cannot control a disposition in the future to the degree as a joint living trust can. The trust preserves the estate for your children and any other selected beneficiaries. It guards against property, winding up with someone outside of your next generation. Couples without estate planning are at risk of missing generational estate passing. For example, consider a home in the name of the husband and wife as joint tenants only and not in trust. When the first spouse dies, ownership of the home shifts to the surviving spouse. A surviving spouse is
not bound by a living trust. There is zero assurance that the children of this couple will inherit the home. The surviving spouse can add a new partner or spouse to the title. The deceased spouse may never have contemplated.
It is not uncommon for a living trust to provide a beneficiary’s share to be managed on their behalf. They can specify for it to be distributed at specific intervals for any number of reasons. The beneficiary could be young, or laboring under disability, or reckless with spending. A living trust can have the successor trustee manage the beneficiaries’ inheritance. You can specify distribution over time rather than paying it all out in a single lump sum
disabled minor or adult child. These situations require attention. The special needs trust attorney must take care to incorporate special needs provisions. A California special needs trust can protect the rights of the beneficiary. The result can be catastrophic if a special needs trust is not in place. The purpose of a special needs trust is to preserve entitlement to public assistance. It will provide access to government programs. The living trust attorney must strive to draft special needs trust provisions to supplement benefits. It can not be set to supplant benefits. You may also need a power of attorney.
trustees. A successor trustee can’t act on the trust until the creator is disabled or dies. The decision on who you will choose to serve as successor trustee should not be made in haste. A living trust is designed to guard against reckless handling of the estate. It should include a clause for competent, trustworthy, responsible, and impartial successor trustees. A beneficiary who meets these criteria can also serve as a successor trustee.
Using a California Living Trust to Disinherit a Child
more children. It is not uncommon for a parent and child to have drifted apart or developed differences. This requires a properly drafted California living trust. Special care needs to be taken in preparing precise language. The child needs to be correctly disinherited.
A California living trust is recognized in all 50 states. It can actually capture your property located in other states. A California living trust is a very flexible and far-reaching device. And if you acquire property in
the future, there is no need to amend your living trust. If you decide to buy a vacation home next year, you merely have the home deeded to your living trust. This can be done by a will trust attorney at the time of the sale and real estate closing.
. Please do not hesitate to call or email Paul A. Hanks. We can arrange for a free consultation. We can answer all your questions about living trusts or power of attorney.
Some clients are tempted by the cheap lure of the “do-it-yourself” approach. Generic prepackaged trusts and sample estate plans are widely available on
the internet. These assembly-line-type trusts are peddled to a mass audience. Most clients are not trained in estate planning. They do not realize that any number of scenarios can arise. If not addressed in the trust, it could result in legal warfare. It could also involve probate courts after the person’s death.
need an attorney for a living trust or power of attorney? Do I need an estate planning attorney?
An attorney is a wise choice for estate planning. A person embarking on the “do-it-yourself” approach does not realize a critical mistake. The impact of the error is not felt until after their death. That is the danger of the do-it-yourself approach. The mistake is different from a hole left in your roof that is quickly noticed as soon as the next rainfall. Instead, the mistake made by the “do-it-yourselfer” lies
the living trust is needed, often called a “pour-over will.” The pour-over will function in conjunction with the trust. It will allow the entirety of the deceased person’s estate to be distributed. It will not need a probate court’s involvement.
an essential part of a living trust package. It is required for business done on behalf of the trust. For example, after the decedent’s death, the property of the estate may be sold. Financial accounts may need to be liquidated. For these activities, the successor trustee will produce the Certification of Trust. The Certification of Trust must be notarized.
estate planning attorney. Most important is that your choice of an estate attorney is someone who informs and educates you. An estate planning attorney should take time to guide a client through the process. Almost all estate planning law firms provide a free consultation. The client should take advantage of the opportunity to meet the attorney. The client can have all their questions answered.
Paul Hanks can handle all your certification of trust and joint living trust
Why do I need
Living Trusts and Married
A California living trust is recognized in all 50 states. It can actually capture your property located in other states. A California living trust is a very flexible and far-reaching device. And if you acquire property in
