The Various Types of Trusts in California

Creating a Trust? Call The Law Offices of David A. Shapiro

Trusts are legal instruments that allow you to place your property and other assets into the trust, so they are protected. Trusts can shield your property from excessive taxes when you die. They can also provide a structure within which you can detail how you want your assets to be distributed to your beneficiaries upon your death. There are many different types of trusts for different purposes. For example, a special needs trust can enable a disabled loved one to continue to receive financial assistance without disqualifying them from government benefits, and a living trust can ensure that your property will still be managed the way you specified if you become incapacitated.

To learn more about a specific type of trust, click on one of the links below:

• Charitable trusts
• Crummey trusts
• Family trusts
• Grantor retained annuity trusts
• Irrevocable trusts
• Life insurance trusts
• Living trusts
• Qualified personal residence trusts
• Revocable trusts
• Special needs trusts
• Testamentary trusts
• 2503(c) minor's trusts

Qualified Assistance for Your Estate in Los Angeles County

You may be wondering if you need a trust, or you may think that trusts are only for the very wealthy among us. Trusts can benefit people from many financial strata, not just those with millions or billions of dollars, and a Los Angeles trust attorney can answer questions about the creation of trusts—whether the most basic or the types of trusts that can be created in advanced estate litigation.

The Law Offices of David A. Shapiro, P.C. is skilled in this area of law and can make this complex subject much easier to understand. When you schedule a FREE confidential consultation with our firm, we can explain how forms of trusts could benefit you and your heirs upon your death.

Contact us today to learn more.