A trust is one of the best ways to ensure that your assets are given to the appropriate family member or friend, following your death. Unlike a will, a trust allows you to determine not only who will get your assets but when. This is especially helpful if you are leaving minor children large sums of money. A trust will allow them to receive this money when they are older and can better handle their finances. To make sure that your trust is sound, it is important to work with an experienced attorney.
Here at Mayfield Bustarde, LLP, we have years of experience helping clients establish wills and living trusts in the San Diego area. We will work with you closely to determine who should act as trustee of your assets after you are gone, and determine a reasonable timeline for your beneficiaries to receive their assets. We can also help you formulate detailed instructions to ensure everything is carried out according to your terms, following your passing.
A trust is a valuable component of your estate planning because you can add all types of assets and property into the trust, and have detailed instructions about when your beneficiaries can access those assets. Contact us at Mayfield Bustarde, LLP today to schedule a free consultation with one of our compassionate and professional attorneys.