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Blog Posts in February, 2016

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  • Will putting real estate in my trust cause any inconveniences?
    Will putting real estate in my trust cause any inconveniences?

    In most cases, you will notice very little difference. You may even find it easy to transfer your home and other real estate to your living trust, and to purchase new real estate in the name of your ...

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  • What do I do if the grantor is incapacitated? (Part 2)
    What do I do if the grantor is incapacitated? (Part 2)

    If there are minors or other dependents, you will need to look after their care. The trust may have specific instructions. If the grantor’s incapacity is expected to be lengthy, a guardian (of the ...

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  • What do I do if the grantor is incapacitated? (Part 1)
    What do I do if the grantor is incapacitated? (Part 1)

    If all assets have been transferred to the trust, you will be able to step in as trustee and manage the grantor’s financial affairs quickly and easily, with no court interference. First, make sure the ...

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  • What responsibilities will I have as a trustee?
    What responsibilities will I have as a trustee?

    The most important thing to remember when you step in as trustee is that these are not your assets. You are safeguarding them for others: for the grantor (if living) and for the beneficiaries, who ...

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  • What You Will Need To Do At The Grantor's Incapacity And/or Death
    What You Will Need To Do At The Grantor's Incapacity And/or Death

    Who are the people involved with a living trust? The grantor (also called settlor, trustor, creator or trustmaker) is the person whose trust it is. Married couples who set up one trust together are ...

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  • Thompson Von Tungeln Advises California Business Owners To Check Their Business Succession Plan For Blind Spots
    Thompson Von Tungeln Advises California Business Owners To Check Their Business Succession Plan For Blind Spots

    Antelope Valley estate planning law firm Thompson Von Tungeln advises California business owners to review their business succession plans and estate plans to ensure that the plans provide for a ...

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