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Elk Grove Irrevocable Trust Attorneys
Irrevocable Trust Attorneys in California
Irrevocable Trusts, such as Discretionary Trusts, Charitable Trusts, Residence Trusts, and Life Insurance Trusts, can be used to accomplish a variety of goals and objectives. For example, Life Insurance Trusts can be used to ultimately pass large gifts to one’s heirs while minimizing gift and estate tax exposure.
Key Differences Between Revocable & Irrevocable Trusts
The difference between a revocable trust and an irrevocable trust is just what the name implies—a revocable trust can be revoked and an irrevocable trust cannot be revoked. While there are great benefits to be gained from the use of irrevocable trusts, they are not for everyone. Once assets are transferred to an irrevocable trust, the assets will be governed by the terms of that trust until the trust is terminated according to its terms.
If you believe that the terms of a trust are the result of fraud, duress, menace, or undue influence, or that the settlor lacked mental capacity to create a trust at the time the trust was drafted, contact us to schedule a free consultation. We will objectively evaluate the facts and circumstances of your case and will give you an honest assessment about your chances of success in a legal action.
Our attorneys can assist you in dealing with probate, trust, and estate law concerns. Call us today to request a consultation
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"We were presented with some information we were not aware of and are seriously considering making a few changes to our current estate plans"
I would recommend this type of seminar to anyone who takes their estate planning seriously. Laws and circumstances change all the time
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"very well organized and nicely presented."
I learned valuable information from Jonathan’s presentation and the guests' questions, along with their personal Trust stories
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The information on prop 19 was very clear and the distinction between that and state inheritance tax
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He was knowledgeable, kind.., and, honest
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My sister searched around Sacramento for an attorney to represent us in litigation regarding executor abuse of our father's ...
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