Do you need an attorney's help with your estate plan?
Contact us for a free, no obligation consultation. Attorney Amanda Ebey has over 20 years of experience helping San Francisco residents efficiently and cost-effectively with their legal matters.
Drafting Estate Planning Documents
We prepare your estate documents, including wills, trusts, powers of attorney for finances, powers of attorney for health care, nomination of guardians for your children, and documents transferring title to your assets to your trust.
We know that people postpone preparing their estate plans because they do not want to think about dying, but we make the process enjoyable and convenient for you.
TRUSTS AND TRUSTS ADMINISTRATION
A trust is a formal document which essentially declares that assets owned by a person are transferred to a “trust”, which is a legal entity. Commonly, the person who establishes the trust is the “settlor” and also the “trustee”. They administer the trust for their own benefit until their death, and then management is transferred to the “successor trustee”.
Married couples often establish the trust for themselves, and at the death of the second spouse, the remaining trust assets are distributed. At the time of death of the trustees, there is work to do, including valuing the trust assets in order to establish base value for future capital gains assessments, gathering and identifying assets, paying expenses and distributions to the ultimate beneficiaries.
Property in trust does not go through the probate process.
Call this office if you have a trust and a trustee has died in order to properly administer the trust and take advantage of all of the protections that the trust provides.
If you think we can be of assistance with your estate plan or trusts matter, please contact us at (415) 989-8070 or write to us today.
We look forward to hearing from you.