WHAT IS THE PURPOSE?
Peace of mind. It’s about everyone you love and everything you own. A Living Trust protects you and your family during life and insures that your estate will pass on to whom you want, the way you want, and with as little cost and time delay as possible.
WHAT IS THE PURPOSE?
The administration of the trust is in many ways the most important step. Trust administration is a necessary process that occurs after the death of either one or both settlors. To protect the successor trustees, there are many things that must be done to ensure proper administration.
WHAT IS PROBATE?
When a person dies, his or her estate must go through probate, which is a process overseen by a probate court. If the decedent leaves a will directing how his or her property should be distributed after death, the probate court must determine if it should be admitted to probate and given legal effect. If the decedent dies intestate—without leaving a will—the court appoints a Personal Representative to distribute the decedent’s property according to the laws of Descent and Distribution. These laws direct the distribution of assets based on hereditary succession.
Am I ever glad Jiro and I have our estate plans in place, thanks to you and your seminars here at Patelco Credit Union!
I am going through the most exhausting, emotional period in a long time. A younger brother died intestate (without a trust) with just a small estate but what a barrage of paperwork, VA/Court/Bank visits, etc. just to collect his small bank balance, VA benefits and a gravesite marker! I can’t believe the energy it is taking. And the emotions it brings up just thinking about him!
Thank God my partner and family will not have to go through this for me because now everything is in place!
A very dear friend of mine asked me to help him find a good honest attorney to help him sort out some legal issues with his estate. I started asking around and most of my friends said they didn’t feel that their estate attorneys gave them good service and most had problems getting their phone calls returned in a reasonable timeframe. It often took several days to get a call returned and this has them very concerned especially if they had an emergency. I thought this was one thing that my friend and I should make a priority when finding someone. In any case, nobody felt comfortable recommending their estate attorney. After calling my insurance agent at State Farm (who I really trust) he recommended Steven. He said Steven helped him with his estate planning and highly recommended him.
It was one of the best experiences we’ve ever had starting with scheduling our first appointment and throughout the entire process.
One of my co-workers recommended Steven to us to do our estate planning. After our first meeting we realized that we came to the right place. Steven’s knowledge, attention to details and the way he educated us on all options, caveats, etc made the entire process go very smooth and easy for us. We understood that the job would be done right from both a professional and an ethical perspective.
Thank you Steven.
Mr. Steve Davidson has been my legal advisor for some ten years. I have come to know him well. He has my strongest recommendation for person and professional attributes. Last year I requested that he develop a Living Trust for my wife and myself to replace our inadequate will. As a result of his astute questioning as to our wishes, Mr. Davidson produced a comprehensive and impressive set of documents to our complete satisfaction.
University of California, Berkeley