| Alan R. Horvath, Attorney at Law |
| Trust Definition |
A trust is a legally enforceable arrangement whereby you give one person control of
assets on the condition that they be held for the benefit of another person.
Use -
A trust can accomplish both care planning goals and estate planning goals. A typical trust
will provide for a successor trustee in the event of your incapacity. By so doing, it insures
that someone has access to your assets to provide needed care for you if you are unable
to do it yourself. The same trust would avoid probate on your death, allow your trustee to
insure your spouse was cared for during their life, and then leave any remaining funds to
your kids. In the process, the trust could also give you and your spouse a double shot at
the estate tax exemption.
A well written trust can fill many needs.
assets on the condition that they be held for the benefit of another person.
Use -
A trust can accomplish both care planning goals and estate planning goals. A typical trust
will provide for a successor trustee in the event of your incapacity. By so doing, it insures
that someone has access to your assets to provide needed care for you if you are unable
to do it yourself. The same trust would avoid probate on your death, allow your trustee to
insure your spouse was cared for during their life, and then leave any remaining funds to
your kids. In the process, the trust could also give you and your spouse a double shot at
the estate tax exemption.
A well written trust can fill many needs.
| Phone: 209 754-5291 Fax: 209 754-5293 |
| ahorvathlaw@sbcglobal.net |
P.O. Box 81
596 Mountain Ranch Rd.
San Andreas, CA 95249
596 Mountain Ranch Rd.
San Andreas, CA 95249
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