Establishing a Blind Trust in Los Angeles, CA
Los Angeles Trust Lawyer
Are you interested in setting up a blind trust? At the Law Offices of David A. Shapiro, we represent clients in all types of trust and trust litigation matters including establishing blind trusts. Our Los Angeles trust attorney, David A. Shapiro is a certified specialist in estate planning, trust and probate law by the California State Bar and is a serving member of the Litigation Subcommittee of the Trust and Estate Section of several bar associations, including the Los Angeles County Bar Association.
Attorney Shapiro is actively involved with and maintains membership with numerous professional organizations, one of which includes the America Bar Association's Real Property, Probate and Trust Section. If you are looking for a competent professional to establish your blind trust, look no further than the Law Offices of David A. Shapiro, P.C. Just a few reasons we should be your first call:
Our law practice is dedicated to trusts and
- We offer free case evaluations to all prospective clients
- David A. Shapiro is a member of the Los Angeles Estate Planning Council
What is a blind trust & how could it benefit me?
What is a blind trust and how may it benefit you? A blind trust is a trust in which the beneficiaries have no knowledge of the holdings or the management of the trust by the trustee or trustees. Blind trusts are designed to keep the beneficiary unaware of the trust assets specifics, and this is usually for the purpose of avoiding a conflict of interest. Many politicians place their personal assets in a blind trust for this very reason.
Politicians and others in sensitive positions may place their personal assets including investment income into a blind trust to avoid public scrutiny and accusations of conflicts of interests, especially when by the nature of their work, they direct government funds to the private sector. However, a blind trust can also be used by those who have come into a large inheritance or fortune within a short period of time in order to keep their identity anonymous to the public.
Contact the Law Offices of David A. Shapiro, P.C.
If you are interested in learning more about blind trusts and whether or not such a trust would be beneficial to you, please contact our Los Angeles trust lawyer, David A. Shapiro, to schedule a free initial consultation. We have thorough knowledge and experience with blind trusts and would be glad to provide you with further information regarding these valuable tools.