Kevin Staker is the president and principal lawyer of his law firm, Staker Law-Tax and Estate Planning Law Corporation. Kevin Staker uploads webinars called on his website educating his clients about living trusts in California. His webinars regularly receive positive reviews from his audience; they proclaim that his videos are beneficial introductions to estate planning.
A living trust is a legal document that places your assets in a trust for your benefit. When the trustee dies, their assets are transferred to their chosen heirs. Living trusts have several benefits that can save families substantial amounts of money and time.
Unlike wills, living trusts are not subject to probates. Probates are legal processes that take place when someone passes. Probates require that potential inheritors handle the deceased’s debt and, property, and prove the validity of their will in court. Living trusts allow for assets to automatically release to beneficiaries upon the passing of the trustor, helping them avoid delays and unnecessary fees.
