top of page

Why Get A Living Trust In Torrance, California

Updated: Dec 5, 2022

The Benefits Of Living Trusts For Clients in Torrence, CA

Managing and protecting your assets can (and should be done) before you retire. In fact, most Torrance Estate Planning Attorneys would advise you to set up these documents as soon as possible. After all, there's no way to know what the future brings, so having everything set up financially and legally ensures your (and your beneficiaries') future.


That said, how do living trusts even work? What benefits can you gain from setting them up? And why do you need a Living Trust Lawyer in Torrance, California?


torrance california living trust

3 Crucial Benefits Of Living Trusts In Torrance, CA


One of the main advantages of living trusts is that they protect one's assets from legal risks and simplify the transfer of wealth to beneficiaries. Additionally, accessing money while still alive is made straightforward by this legal body. In the long run, these benefits are perfect for all people.

1. Protection Of Your Assets In California


In the event of a lawsuit and ensuing trial, numerous risks and mistakes could make it challenging to protect your assets. Living trusts offer an additional layer of security, assisting in protecting or preserving one's private assets if another party is entitled to financial compensation.

Not to mention, falling ill and getting incapacitated in some way would make you unable to decide how your finances are used. Setting up a living trust will allow you to choose so while you're sound of mind and healthy.


california living trust attorney

2. Manage Wealth Distribution

After someone passes away, distributing their estate to beneficiaries is frequently challenging after someone passes away. The estate must also pay several costs to settle with the government.


When a living trust is used, probate is made more manageable, and the wealth distribution procedure is simplified. There is no justification for shelling out more cash than necessary to settle an estate. Additionally, when it comes time to settle the estate, the beneficiaries will be less burdened.


3. Control The Access To Your Wealth

One advantage of having access to one's wealth is that it can be utilized in periods of relative financial stability and in the event of a disaster. However, it's difficult to predict when and how much money one will need, so protecting one's wealth while maintaining access to it is crucial.


Unlike a 401K or a conventional IRA, there are no early withdrawal penalties. A trust does protect one's finances even though it is not a tax-deferred investment entity.

Living trusts are flexible legal arrangements that allow owners to safeguard their assets from a variety of dangers while yet allowing access to money when necessary. For many people, living trusts are a wise option. Still, before you start putting your living trust into paper, it's crucial to seek the counsel of a Torrance Estate Planning Attorney or financial advisor.


torrance living trust attorney

Why Should You Hire An Estate Planning Lawyer In Torrance?


A California Estate Planning Attorney knows their way around estate law and the financial, emotional, and legal challenges that come with them. Remember, living trusts are legal documents that could affect you, your finances, and the lives of your legal beneficiaries.


You want to make sure your legal documents say what you mean and that they're executed in the exact way you want to happen. A Torrance Living Trust Lawyer can assist you in drafting the necessary legal documents and guiding you through the execution process.

Hire A Torrance Estate Planning Attorneys ASAP

Do you need a California Estate Planning Attorney?


1000Attorneys is a State of California Certified Estate Planning Lawyer Referral Service that can refer you to a prescreened California lawyer in minutes. Contact us through our 24/7 live chat (or complete our case details submission form) for a free initial consultation.

65 views
Best Lawyers Near Los Angeles

California State Bar Certified Lawyer Referral And Information Service

Welcome to 1000Attorneys.com, a Lawyer Referral and Information Service certified and approved by the California State Bar.

Our commitment is to provide you with unbiased and impartial lawyer referrals. Unlike other services, we maintain complete independence from the lawyers receiving these referrals, ensuring transparency and fairness.

While we specialize in California employment law and personal injury claims, we offer our referral services for various other legal areas.

 

At 1000Attorneys.com, we aim to ensure you are connected with best California attorney near you who can provide comprehensive and exceptional representation for your specific legal needs.

 

We understand that every legal situation is unique and are dedicated to finding the best match for you. With our extensive network of attorneys, we strive to deliver outstanding legal support and guidance tailored to your individual requirements.

At 1000Attorneys.com, we hold California attorneys to the highest standards of professional conduct. Your satisfaction and confidence in the legal representation you receive are paramount to us.

 

Rest assured that when you engage in our services, you can expect nothing less than exceptional legal support and guidance.

Why Lawyer Referrals Matter

 

The California State Bar investigates on average 16,000 complaints of professional misconduct by attorneys annually.

We conduct due diligence by researching and recommending the best local attorney for your case. 

 

Our team of experts verifies that attorneys are in good standing and have the required experience in the type of law related to your legal issue. 

Learn more about attorney discipline here:

 

Our History 

 

Since 2005, we have been dedicated to helping individuals find reliable legal representation in California.

 

We understand the challenges people face when trying to locate reputable lawyers, especially when inundated with self-promoting advertisements and biased marketing from law firms.

 

At our service, we strive to cut through the noise and provide a trustworthy and unbiased platform for connecting individuals with reputable California lawyers.

 

Our clients receive quality legal representation without the frustration and uncertainty often associated with legal advertising.

How the LRS Works 


Anyone seeking competent and honest legal representation in California, can request a FREE lawyer referral. 

Once you submit your case details online, our legal 24-hour legal department will review your claim and reply via email. Most cases are reviewed and answered within 15 minutes. 

 

A free 30 minute consultation with the attorney will be offered to each referred client. 

A representative will follow up a few days later via email with the client after receiving a referral for quality management purposes, or to obtain the status of the case. 

About lawyers from our network


California lawyers in our network are insured, in good standing with the California State Bar, and have substantial experience in their practice area.

 

Attorneys are available in most areas of law throughout Southern California. Every lawyer in or network has been vetted for:

  • Credentials

  • Education

  • Communication skills

  • Performance

  • Client reviews

  • Fair legal fees

  • Continuing education

  • Professional affiliations

Additionally, we conduct criminal  background checks and attorneys are always monitored by our service.  

How to find the best lawyer for your legal case: 

1. The fastest way to have your legal issue reviewed by one of our attorneys is to send your details online.

 

Your information will go directly to our 24 hour legal department bypassing our call center. You will get a reply via email within 15 minutes. 

2. You may also inquire about your legal issue via email. We respond to email inquiries within 24 hours M-F. 

3. By calling our lawyer referral hotline 661-310-7999. However, our agents are not attorneys and cannot provide legal advice. Due to high call volumes, it's highly recommended that you use option # 1 above. 

california state bar lawyer search.png
bottom of page