Rancho Cucamonga Trust Administration Attorney
Administration of the Trust in Rancho Cucamonga, CA
After a loved one has passed away, should a trust have been legally created, there is often no reason for probate to occur. This is very similar to a will. However, it can also apply to how property is handled during the life of the trustee - it is also important to consider that depending on the type of trust that is established, there are cases where the property will not have to pass through probate. There are many different types of trusts, however, the most popular include the following:
- Irrevocable Trust - This type of trust is created and then cannot be altered without the expressed permission and consent of the beneficiary. This is therefore a trust that is set into stone unless it is the wishes of the beneficiary - not the creator. By creating this type of trust, the creator is essentially signing over their control over their assets and property.
- Living Trust - This type of trust is created while the creator is still alive. This is also referred to as an "inter vivos" trust - and differs from most other trusts which are drafted after the death of the trustee. This can help probate to be avoided altogether, as well as long-term property management to be determined. These are also referred to as a revocable trust.
Contact a Rancho Cucamonga trust lawyer from our firm!
If you have questions about the administration of a trust or the creation of one, you should not hesitate to get the involvement of an experienced Rancho Cucamonga family law attorney from Cho, Sheasby, Chung & Ignacio, LLP as soon as possible. We have vast experience in all areas of
family law and are prepared to do everything possible to ensure that your rights are protected and that the trust process move forward smoothly. Call today to discuss your case with us in more detail.
For further information about how we can help, contact a Rancho Cucamonga trust lawyer
from our firm.