Living Trusts for Blended Families

Living Trusts for Blended Families in California

By Attorney Paul Hanks of Ironclad Living Trusts

The Revocable Living Trust is a very powerful estate planning tool for blended families in California. Unlike a Will, a Living Trust contains powerful provisions which are triggered and apply once the first spouse dies. Such a trust for blended families sets forth the perfect balance of giving the surviving spouse the ability to continue to use the trust as a resource for their ongoing needs of living, while at the same time protecting the integrity of the trust and ensuring that the interests of the beneficiaries are not violated. A blended family living trust also contains a critical section addressing the appointment of successor trustees who will be responsible for handling the affairs of the trust upon the incapacity of the trust creators, and also upon death. A blended family trust is an intricate estate planning document. It is prudent to explore your options under a blended family living trust with a skilled estate planning law firm.

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