Trusts are not just for millionaires. They are important estate planning tools that can be immensely valuable for people from diverse walks of life.
The primary goal of a trust is to avoid the extraordinary expense, delay and hassle associated with the probate process. All wills are subject to probate. Trusts, however, are administered privately by a trustee of your choosing — not the probate court. A carefully drafted trust can help you direct your resources toward a more meaningful purpose than court expenses and attorney fees. Indeed, the cost of getting a well-crafted trust is miniscule compared to the extraordinary expense of a probate proceeding.
At the law firm of Robert G. Petrovich, Attorney at Law, near Pasadena, our trusts and estates lawyer is well-versed in all types of trusts. We can help you determine the right choice for your situation.
Depending on your circumstances, you may wish to consider:
You can carefully tailor any of these trusts to reflect your specific wishes — even incorporating certain incentives or contingencies clauses to have a lasting influence well beyond your lifetime.
Analyzing the many available estate planning options can be overwhelming. You may be bombarded with advice from well-meaning friends and relatives. To truly maximize the value of your estate planning opportunities, it is essential to seek advice from a legal professional.
We have provided trusted estate planning guidance for multiple generations of clients. You can work collaboratively with us to develop a thorough plan that is carefully tailored to fit your needs, benefiting from Bob Petrovich’s time-tested knowledge and 35-plus years of experience.
Take the first step by calling our office in San Marino, California, at 626-792-5955 (*must dial 1 plus 626 area code) for a private consultation. You can also send us an email.
Based in San Marino (near Pasadena), Mr. Petrovich handles estate planning, probate, business law, real estate, and other legal matters throughout the San Gabriel Valley.