Reasons Why You Need Express Living Trust?
If you want to avoid probate, you may need an express living trust in San Jose, California . If you have an heir who is unreliable, you may want to create an irrevocable trust in California. You can also choose a “dole-it-out” trust if you want your family to be able to control the assets when you die. While this process may seem simple, it involves more consideration than you might think. For example, you should not transfer assets such as automobiles, boats, campers, or other items into your living trust unless you’re absolutely sure of their value. 1. Assets That Aren’t Subject to Probate There are several ways to avoid probate, but the most popular way is by using an express living trust paralegal San Jose, ca . For example, your retirement accounts won’t go through probate if you designate a beneficiary on your account. In the same way, annuities and life insurance will go to the person you designate when you set up the contract. These assets won’t go through probate and will be ...