Temecula Living Trust and Estate Planning Law Firm

Proudly Serving All of Riverside County - - Home and Hospital Appointments Available
From $750 for Single Persons and $950 for Couple

Complete Living Trust Package

Complete Living Trust Package
An Ironclad, Comprehensive Living Trust
Property Assignment(s)
Certification of Trust
Pour Over Will(s)
Power(s) of Attorney
A Trust Transfer Deed for Your Primary Residence
Asset Informational Guide

Let’s Get Started

Free Consultation & Estate Assessment
Courteous Same Day Response

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Low Price Guarantee

We have a low price guarantee, simply stated: If you present us with a signed written quote for attorney fees for the same package of trust documents from another Temecula law firm for a better price, we will beat that price by $100.

Why do you need a California Living Trust?

Protect Your Estate
Protect Your Estate

A living trust serves as a wonderful insulating layer of privacy and keeps your estate out of the court system. And fees that would otherwise be owed the probate court are saved and passed on to your selected beneficiaries.

Avoid Probate
Avoid Probate

Too many people make the mistake of believing that merely having a will is enough to avoid probate, which is a trap for the unwary. In California, the mere value of assets exceeding $150,000 is enough to trigger a costly and time-consuming probate.

Legal Peace of Mind
Legal Peace of Mind

Only a living trust can provide you with the feeling of security in knowing that your assets and wealth will eventually pass to your selected beneficiaries.

We have a low price guarantee, simply stated: If you present us with a signed written quote for attorney fees for the same package of trust documents from another California law firm for a better price, we will beat that price by $100.

Complete Living Trust - Singles

750

  • Complete Living Trust Package
  • An Ironclad Comprehensive Living Trust
  • Property Assignment(s)
  • Certification of Trust
  • Pour Over Will(s)
  • Power(s) of Attorney
  • A Trust Transfer Deed for Your Primary Residence
  • Asset Informational Guide
Get Started

Complete Living Trust - Couples

950

  • Complete Living Trust Package
  • An Ironclad Comprehensive Living Trust
  • Property Assignment(s)
  • Certification of Trust
  • Pour Over Will(s)
  • Power(s) of Attorney
  • A Trust Transfer Deed for Your Primary Residence
  • Asset Informational Guide
Get Started

Meet Your Lawyer

Attorney Paul Hanks has been actively practicing law as a licensed attorney in California for over 27 years. Attorney Hanks prides himself on client contact and satisfaction and has very extensive experience in drafting comprehensive, ironclad living trust packages at the most affordable rates.

About Our Services

Iron Clad Living Trust offers great deals on complete living trust packages, consisting of the full array of personalized written instruments tailored to your individual estate needs and which includes the following documents:

  • An Ironclad, Comprehensive Living Trust;
  • Property Assignment(s);
  • Certification of Trust;
  • Pour Over Will(s);
  • Power(s) of Attorney
  • A Trust Transfer Deed for Your Primary Residence;
  • Asset Informational Guide.

About the Firm

Iron Clad Living Trust is managed by Attorney Paul A. Hanks, who has a track record of 28 years in the practice of law in California, including many years of estate planning and California living trusts. If you own multiple properties or are part of a corporation, partnership, or LLC, the cost may be slightly higher but still very affordable. All homeowners are encouraged to contact Attorney Paul A. Hanks at Iron Clad Living Trust directly for a free phone or in-office consultation.

Too many people make the mistake of believing that merely having a will is enough to avoid probate, which is a trap for the unwary. In California, the mere value of assets exceeding \$150,000 is enough to trigger a costly and time-consuming probate proceeding where hawkers of information probe court filings such as probate, civil, family law and bankruptcy and sell this information for profit. All homeowners are encouraged to evaluate their estate needs and protect themselves with a living trust. If you own a home but it is not part of a living trust, then you are probably an excellent candidate for a living trust. A living trust serves as a wonderful insulating layer of privacy and keeps your estate out of the court system. And fees that would otherwise be owed the probate court are saved and passed on to your selected beneficiaries.

Yet another added benefit of living trusts pertains to married couples. Only a living trust can provide you with the feeling of security in knowing that your assets and wealth will eventually pass to your selected beneficiaries, since the California living trust provides that upon the second spouse’s death, the estate plan will pass as you have stated in the trust. A will cannot control a disposition in the future to the degree like a living trust can. The trust preserves the estate for your children and guards against property winding up with someone outside of your next generation. Please do not hesitate to email Paul A. Hanks, living trust attorney, at Iron Clad Living Trust to arrange for a free consultation.

About Living Trusts

 

 Why do I need a Living Trust?

A proper estate plan centered about a living trust is a vital component for anyone. People work very hard to acquire a home and other sources of wealth, so it is often surprising to see how many fail to have plans for them in place. Many people believe that merely having a will is enough to avoid probate, which is a trap for the unwary. In California, a net value of assets exceeding $150,000 is enough to trigger a costly and time-consuming probate proceeding. It can be troubling for anyone to have even a single unaccounted for asset (such as a stock, bond, annuity or other investment) result in a lengthy and expensive probate proceeding.

What If I Own Real Property?

Owning real property is another high risk area for an unwanted probate case. All homeowners are encouraged to evaluate their estate needs and protect themselves with a proper estate plan. If you own a home but it is not part of a living trust, then you are probably an excellent candidate for a living trust. Not only will a living trust insulate the home from probate, but it also gives the beneficiaries of your home greater flexibility to retain the home as an asset. Since a living trust will avoid a probate of the home, there cannot be a forced sale of the home thru probate to cover exorbitant probate fees and costs.

 

Living Trusts and Married Couples

Yet another added benefit of an ironclad living trust pertains to married couples. Only a living trust can provide you with the feeling of security in knowing that your assets and wealth will eventually pass to your selected beneficiaries, since the trust provides that upon the second spouse’s death, the estate will pass as you have stated in the trust. A will cannot control a disposition in the future to the degree like a living trust can. The trust preserves the estate for your children and any other selected beneficiaries, and guards against property winding up with someone outside of your next generation. Married couples who do not engage in proper estate planning are at great risk of destroying the generational passing of their estate. For example, consider a home in the of husband and wife as joint tenants only and not in trust. When the first spouse dies, ownership of the home shifts to the surviving spouse. Since the surviving spouse is not bound by a living trust, there is zero assurance that the children of this couple will inherit the home. The surviving spouse can add a new partner or spouse to title which the deceased spouse never contemplated.

Staging and Managing A Beneficiaries Inheritance

It is not uncommon for the creator of a California living trust to provide a beneficiary’s share be managed on their behalf and only distributed at certain intervals, for any number of reasons. The beneficiary could be young, or laboring under disability, or reckless with spending. In such a case the living trust can empower the successor trustee to manage the beneficiaries’ inheritance over time rather than paying it all out in a single lump sum.

 

Special Needs Trust Provisions

We also see situations where a client has a disabled minor or adult child with a physical or psychological disability. These situations require great attention and the attorney must take care to incorporate into a trust special needs trust provisions. A California special needs trust is essential to protect the interests and rights of the beneficiary, and the result can be catastrophic if a special needs trust is not in place. The primary purpose of a special needs trust is to preserve the beneficiaries’ entitlement to public assistance and access to government programs and to strike a delicate balance where the drafting attorney must strive to draft special needs trust provisions which supplement benefits rather than supplant them.

Guard Against Reckless Estate Handling

A California living trust also involves the client’s selection of an order of successor trustees. A successor trustee has no authority to act on behalf of the trust until the creator of the trust is prevented from acting by reason of disability or death. The decision on who you will choose to serve as successor trustee should not be made in haste but given careful thought. A California living trust is designed to guard against reckless handling of the estate and include a nomination clause for competent, trustworthy, responsible and impartial successor trustees. A beneficiary who meets these criteria can also serve as successor trustee.

Using a California Living Trust to Disinherit a Child

At times a California living trust is also needed to disinherit one or more children. It is not uncommon for a parent and child to have drifted apart or developed differences requiring a properly drafted California living trust. Special care needs to be taken in drafting precise language so that a child is properly disinherited.
 

A California Living Trust Is Recognized in All 50 States

A California living trust is recognized in all 50 states and can actually capture your property located in other states. A California living trust is a very flexible and far-reaching device. And if you acquire property in the future, there is no need to amend your living trust. For example, if you have formed a living trust and decide to buy a vacation home next year, then you merely have the home deeded to your living trust at the time of the sale and real estate closing.

What if I Have Questions About Living Trusts?

You may have been thinking about a living trust for quite some time. Your time may have just arrived, so please do not hesitate to call or email Attorney Paul A. Hanks at Ironclad Living Trusts to arrange for a free consultation.

Licensed to Practice Law Since 1991 in All State Courts in California