Revocable Living Trust (for married couples/domestic partnerships):
Please review this product’s description in full as our Attorney-Client Agreement presumes that you have.
Summary:
We like to refer to this product offering as the “Happy Family” Revocable Living Trust. This is because we provide this service on the assumption that our Clients are a happy family and wish for typical default rules to apply. Although we tailor our Trust Documents to our Client’s specific needs, we also utilize some default distribution provisions to ensure that you and/or your partner/spouse are the first to receive distribution, and then comes family & friends (typically your children), which is why we are able to offer our services at the most competitive price on the market.
That being said, a Revocable Living Trust provides you with the benefit of ensuring that your estate is distributed quickly and efficiently. It also provides immense savings because it bypasses the probate process, which is costly and time consuming.
What’s Included:
This purchase is a package deal that, in addition to a Revocable Living Trust, includes the following for both you and your partner/spouse: (1) two pour-over wills; (2) two Advance Healthcare Directives; and (3) two Springing Power of Attorney’s for financial decisions.
A pour-over will ensures that whatever assets are not transferred to your trust (i.e. assets you acquire later in life after your trust is established and funded) will automatically be transferred to your trust through your will; however, there is a fixed/limited dollar amount that a pour-over will can transfer. An Advance Healthcare Directive allows you to set out specific instructions for your healthcare treatment in the event you become incapacitated, as well as name an agent to make such healthcare decisions on your behalf and in accordance with your preset instructions. Lastly, a Springing Power of Attorney is essentially the same thing as an Advance Healthcare Directive, only it applies to financial matters instead of medical treatment matters.
Disclaimer:
By purchasing this product, you are agreeing to Leeran S. Barzilai, A Professional Law Corporation’s terms of purchase, which include the Attorney-Client Agreement, and Prior Written Consent and Waiver of Future Conflicts. You are also asserting that you are a California resident (or making a purchase on behalf of a California resident), and seeking legal services for a California trust and related services. Please note that our Attorney-Client Agreement also provides our terms on how are fees are charged as well as our refund policy.
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