LOS ANGELES WILL & TRUST ATTORNEY

PLAN AHEAD TO PROTECT YOUR FAMILY’S FUTURE

At Stolar Law Group, we firmly believe it is never too soon to begin planning for your future. If something were to happen to you tomorrow, can you confidently say that those closest to you would be taken care of? Pondering the what-if situations isn’t fun, but it’s a good idea to consider the state of your assets to better secure the future of your family and loved ones. To plan your will or trusts, contact an experienced estate planning lawyer, like those at Stolar Law Group.

Led by founding attorney, Steven Stolar, who brings more than 40 years of experience to our practice, Stolar Law Group is proud to offer professional, approachable legal services to all of our clients. Our Los Angeles will and trust attorneys provide personalized legal counsel to meet the specific needs of each client, protecting their best interests every step of the way. Based in Beverly Hills, our firm represents clients throughout Los Angeles County and all of California, from San Diego to San Francisco.

SCHEDULE YOUR FREE CASE EVALUATION WITH OUR TEAM TODAY BY CALLING (818) 600-6534 OR BY CONTACTING US ONLINE USING OUR SECURE SUBMISSION FORM.

WHAT IS A WILL?

Wills are the most common document in an estate plan. They fulfill the most basic needs in dividing an individual’s assets. In a will, a person can designate who will receive their possessions upon their death. This includes properties, funds, vehicles, or any other belongings.

With a will, you can split your possessions in any way you choose. You may even designate that certain properties or funds be sent to charities. If you have young children under the age of 18, you may also use the will to appoint guardianship.

Should the owner of the will wish to include any conditions for the beneficiaries, the details of those stipulations should be outlined in the will. An experienced estate planning attorney will be able to help you draft a will according to your exact specifications, including any stipulations you would like to impose on your beneficiaries. For example, a person may wish to leave a fund to his grandson, but only if he enrolls in a university.

WHAT IS A TRUST?

A trust is an estate planning tool that allows you to move your properties and assets into the control of a third party on behalf of designated beneficiaries. With a trust, the person who establishes the trust (known as the “grantor”) can designate someone (known as the “trustee”), the power to manage the property on behalf of another person (known as the “beneficiary”).

While the property may ultimately belong to the beneficiary/beneficiaries, the trustee will continue to manage and control the property until the beneficiary can take the reins. Depending on the type of trust you create, you may serve as the trustee, meaning you can retain control of the assets and properties placed in the trust until your death or a certain time of your choosing.

Trusts can be particularly useful if the grantor wishes to leave a large sum to a younger person who is not yet old enough to manage it. The appointed trustee could maintain the funds and properties until the beneficiary is of age and is therefore capable of such arrangements. The property in a trust may be physical property or monetary funds.

Our Los Angeles trust attorneys at Stolar Law Group can help you review various types of trusts, including both common and less-common trusts, based on the specific details of your situation, as well as your personal concerns and goals.

WE ARE HAPPY TO DISCUSS YOUR VARIOUS OPTIONS DURING A FREE AND CONFIDENTIAL CONSULTATION.

TYPES OF TRUSTS

TYPES OF TRUSTS

There are many different types of trusts, all of which can address specific goals.

Some of the most common types of trusts in California include:

  • Revocable Trusts: A revocable trust allows for modifications, including termination of the trust, at any time. With a revocable trust, the grantor can make changes without the beneficiary’s permission, as long as the grantor is considered to be of sound mind and mentally capable of making such changes.
  • Irrevocable Trusts: In contrast to a revocable trust, an irrevocable trust cannot be changed, amended, or terminated by the grantor once the trust has been created. In other words, with an irrevocable trust, you relinquish your right to the trust, and all assets and properties contained within it, for the remainder of your life.
  • Charitable Trusts: Charitable trusts are used to provide assets and/or funds to certain designated charities the grantor chooses. There are two types of charitable trusts in California: charitable lead trusts and charitable remainder trusts. Our team at Stolar Law Group can help you determine which option best suits your goals.
  • Special Needs Trusts: A special needs trust is an important tool for ensuring the continued care of a child or family member with special needs. With a special needs trust, you can ensure that your disabled loved one continues to receive the financial support they need for the rest of their life, even after you are gone.

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COMPASSIONATE DIVORCE & FAMILY LAWYERS

LET OUR DEDICATED TEAM PROTECT WHAT MATTERS MOST

WHY CHOOSE STOLAR LAW GROUP?

Whether you need to adjust your existing will or trust, or you need to create a new will or trust from scratch, we can help. Without these necessary documents, your estate could go to probate court upon your death, which can be a long, difficult, and taxing process for your loved ones. Establishing a firm, legally binding estate plan is the best way to save your family added strain and financial burden after your passing.

Our firm has extensive professional resources to draw on in order to compose your will and trust to your exact specifications. Don’t leave your finances and properties to chance; establish a legal plan with our competent Los Angeles wills and trusts lawyers today.

CONTACT STOLAR LAW GROUP AT (818) 600-6534 TO BEGIN ESTABLISHING YOUR WILL OR TRUST.

  • AWARD-WINNING FAMILY LAW ATTORNEY

    With over 40 years of dedicated experience, we are trusted not only within the legal community but also by the media. We bring facts to the table and explain the law in layman’s terms without complicating it with legal jargon.

  • INNOVATIVE LEGAL STRATEGIES

    Our goal is to help you and your family find peace and resolution. Sometimes, that means coming up with creative solutions to unique situations. We work directly with you to ensure we obtain the best possible outcome on your behalf.

  • FOCUSED ON YOUR BEST INTERESTS

    For many, it can be intimidating to meet with a lawyer when you don’t know what to expect. It can also be emotional. We create a comfortable atmosphere and work with our clients as if they are family.

PROTECT WHAT MATTERS MOST WITH STOLAR LAW GROUP

WE ARE COMMITTED TO TREATING YOUR FAMILY LIKE FAMILY

Reach out to the Los Angeles family lawyers at Stolar Law Group for help with your divorce, child custody, child support, or family law case. We offer free and confidential consultations, and our multilingual staff can assist you in English, Spanish, Armenian, Arabic, or Hebrew.

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Representing All Individuals & Families Throughout California

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