Tag Archives: Trust Attorney

Is a Living Trust Difficult to Maintain?

A revocable living trust can be drafted and executed in a short time frame.  There are no recurring costs for management or administration.  So long as your trust is fully funded at the outset (which our Trust Attorney in Los Angeles can assist you with) then all you have to do to maintain it is to review the terms of the trust every couple of years and put any new assets that you acquire into the name of your trust.

For additional questions about living trusts, please contact our trust attorney in Los Angeles at Anker, Hymes & Schreiber, LLP today: (310) 519-0324.


Will I Lose Control of My Assets That Are In The Trust?

NO! You will not lose control of your assets that are in the trust.

You will be the trustee of your trust during your lifetime.  You are able to buy, sell and borrow just as you were when your assets were held in your name as an individual.  Here is more information regarding setting up a trust.

If you still have questions, please contact our Trust Attorney in Los Angeles today to schedule a consultation.


How Does Setting Up a Trust Avoid Probate?

If you do not have a trust there will undoubtedly be a probate proceeding upon your death.  Probate is a court supervised proceeding necessary to transfer your assets to your heirs.  The probate proceeding is costly in terms of both time and money.  Furthermore, all probate proceedings are public record.

Having a trust in place insures a less costly and smoother transition of assets to their designated heirs.

For more information about setting up a trust, please contact our trust attorney in Woodland Hills.