Sophisticated Estate Planning with a Personal touch in Pasadena, California

A revocable Living Trust is a legal container, designed by you to take ownership of most of your assets.

Revocable Living Trust:
• You retain control over the assets in your living trust during your lifetime.
• At your death, someone else (a trustee, pre-selected by you) will take over the management, use and ultimate distribution of your assets.
• The trustee is legally required to follow the terms and conditions you have written in your Living Trust document!
• Your Living Trust will continue until it has fulfilled all of the conditions and instructions you have built into it.
• This period of continuing asset management may be very short, or may span several generations!

A living trust does not "die" when you do, and since there is no "death" of the owner of the assets [your living trust], no probate is required!

© 2007 GRIEPP & MCREE, Attorneys at Law