What is a Living Trust?
A California living trust is a legal document that places some or all of your assets in the control of a trust during your lifetime. You are still able able to use the assets, such as living in your home that is in the trust.
Advantages of a Living Trust
- Avoid a long and drawn out probate
- Protect and provide for your family or beneficiaries
- Controls the distribution of your assets
- Manage your assets if you are incapacitated