Without a Living Trust, most estates end up in probate that can easily take six to twenty months before your property, including cash, can be distributed. Michael is available to prepare all of the basic estate planning documents needed to protect you and those you lov
Opt for Customized Plans Having those numbers in mind can be crucial down the line in helping your family members understand how an inheritance might affect their own financial plans. Before you can think about involving family members in any kind of estate planning discussion, you and your spouse, if you’re married, need to come to an agreement. Your wealth strategist or another member of your client team can also help make sure everyone understands the implications of their inheritances and help them evaluate the implications of different financial decisions. According to one study, 70% of wealthy families lose their fortune by the second generation.1 "Parents can devise the perfect plan in isolation, but if their heirs aren’t prepared to receive the assets, there is a risk that no one’s life will be enriched," Weiss adds. Besides the risk of family quarrels, research has shown that a significant erosion of value can occur when assets are passed from one generation to the next, in part as result of this lack of communication. Starting the conversation with your hei
Major Life Changes We analyze your current financial situation, identify opportunities for improvement, and chart a course to help you achieve your dreams, whether it’s buying a home, funding education, or starting a business. Through meticulous financial planning, living will and trust planning our Valencia team creates a roadmap tailored to your aspirations. I would like help with investing and/or financial planningI'm a current clientI'm not a current or prospective client. Planner Search is a financial planning resource for individuals, families, and businesses. Banking Bankruptcy Budget & Debt Management Business Taxes Buying a Home Career Change Charitable & Planned Giving Comprehensive Financial Planning Corporate Finance Cross-border Planning Disaster Recovery Employee Benefits Estate Planning Getting Divorced Getting Married Government & Military Identity Theft Insurance Investment Management Irregular Income Job Loss Life Planning Limited Partnerships Long-term Care Medical & Health Issues Men's Finances Minority Financing Mutual Funds Nontraditional Households Personal Taxes Real Estate Retirement Special Needs Starting a Family Startup Stocks & Bonds Succession Planning Sudden Wealth Tangible Assets Women's Finances Contact Our Valencia Financial Advisors Specialties 401(k)/403(b)/IRAs Annuities Arbitration & Mediation Asset Allocation Attending College Banking Bankruptcy Budget & Debt Management Business Taxes Buying a Home Career Change Charitable & Planned Giving living will and trust planning Comprehensive Financial Planning Corporate Finance Cross-border Planning Disaster Recovery Employee Benefits Estate Planning Getting Divorced Getting Married Government & Military Identity Theft Insurance Investment Management Irregular Income Job Loss Life Planning Limited Partnerships Long-term Care Medical & Health Issues Men's Finances Minority Financing Mutual Funds Nontraditional Households Personal Taxes Real Estate Retirement Special Needs Starting a Family Startup Stocks & Bonds Succession Planning Sudden Wealth Tangible Assets Women's Finances This website is using a security service to protect itself from online attacks. "I have referred numerous friends and family members to them, all of whom have been thoroughly impressed and satisfied with the level of service"1 "Our family has entrusted our financial planning to EP Wealth for over 17 years. The entire team consistently provides detailed explanations based on the depth of their knowledge with the financial markets.
What's Included in a Complete Living Trust Package? California trust law is complex, and mistakes can cost your family tens of thousands in litigation. Ask exactly what's included and why the cost is higher. If you have a special needs beneficiary requiring Medi-Cal or SSI benefit protection, specialized planning may cost $3,000-$5,000. Our Glendale office has lower overhead than Beverly Hills or downtown Los Angeles, and we pass those savings to clients. Many people think a simple will is cheaper than a trust. If you want to make changes during the drafting process, some attorneys charge hourly fees ($300-$500/hour). Some attorneys charge $200-$500 for an initial consultation, then don't apply it toward your final fee if you hire them. Optional Add-On Services: Incorporating a living trust ensures your assets are handled as you intend, providing security for your family. Whether your case is handled at the Stanley Mosk Courthouse in Los Angeles or the Anacapa Division in Santa Barbara, we ensure your family's legacy is protected. The Law Offices of Rozsa Gyene provides expert estate planning, probate, and trust administration services across Southern California. Plus invaluable peace of mind knowing your family won't face months of court proceedings during their time of grief. Ask about quality, experience, and what's actually included. Most importantly, a Living Trust, if properly funded, will avoid the time-consuming and expensive probate process. Michael Chulak prepared his first estate planning documents for clients, including Living Trusts and Pour-Over Wills in 1998, and has assisted hundreds of clients over the years. She thought she was protected with his Trust. My mother wanted to protect her kids if she died first as she knew my father would take the mone