How Much Should a Living Trust COST? - Estate Planning

How much should I pay an estate planning attorney to create a California Living Trust? Any CHEAP Living Trust options? 👉 Book a Call at cunninghamlegal.com/book-your... for California Living Trusts and Estate Planning.
Good, Better, Best? How much does an estate attorney charge in California? Isn’t a Living Trust just a form you fill in? A downloadable Living Trust template? And aren’t all estate lawyers the same? We explain the ins and outs of boiler plate v. customized estate planning and tell you some SERIOUS DANGERS from bad estate planning.
Among the topics we cover in this vital legal webinar are:
Pricing traps some attorneys use and different types of pricing (ex: hourly, form-based, complete plan)
What is a Revocable Living Trust, why do so many people have one, and how do I know if it’s right for me or my loved ones?
How much does it cost to obtain a Revocable Living Trust?
How do I find the right lawyer?
The importance of naming a guardian
Why inheriting money is risky
IRAs
Fee ranges we see in practice
Common problems with different levels of services
Why you need to speak with a savvy lawyer about Revocable Trusts, Pour Over Wills, a Durable Power of Attorney, Advance Healthcare Directive, HIPAA, POLST forms, Living Wills, Prop 13, Death, Income, and Capital Gains Taxes, how to fund a Trust and retitle assets and more
The special problems blended families face
Trust Protectors
Tax Planning
Whether you've just decided to put together your estate plan or need to review yours, this is a great way to get started understanding the process.
© 2020 CunninghamLegal
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WEBSITE: www.CunninghamLegal.com for California Estate Planning information
FREE LEGAL WEBINARS: www.CunninghamLegal.com/webinars includes Q&As with expert attorneys!
PHONE: [phone] for a consultation on a California Living Trust!
#estateplanning #livingtrust #cunninghamlegal

[@JoeJoSoulChild]

This is such a great video and thank you for putting this information out. I needed this.

[@sherrykreminski4771]

Thank you for this information

[@leelowe8482]

Yes

[@HB-yq8gy]

How do you know you found the right lawyer with the basic estate planning protections? It seems they all lean towards a trust & the boogie man probate is the driver.

[@CunninghamLegal]

Look for an Estate Planning Attorney who is also a Certified Specialist.

[@HB-yq8gy]

@@CunninghamLegal Our testamentary trust is fine for now.

[@user-kc1xk5fk1j]

I called for 15 minute free consultation and was told that I cannot speak with a lawyer so any questions that I asked could not be answered.. I was told I need to make a 60 to 90 minute appointment consultation to speak with an attorney and it would cost me $595. Couldn’t even tell me a ballpark figure of how much it would cost to put one property in a revocable trust for my child I need to have a 90 minute consultation to find out the cost to do this and pay $595

[@CunninghamLegal]

Please see our recent video where we give a more updated fee breakdown: kzbin.info/www/bejne/h2bQYqykgb12qLs

[@mikekorn6968]

I'm in Auburn CA. & am named as trustee for my parents Living Revocable Trust and soon will need administrative help. I'd like the consultation as I'm slowly assembling my team. Thank you

[@CunninghamLegal]

We are here to help. Our Corporate office is based out of Auburn, CA. Here is the contact information for that office: www.cunninghamlegal.com/living-trust-and-estate-planning-attorneys-auburn-california/ [phone] Additionally, here's a video on What Happens in a Trust After Death or Incapacity so you feel best prepared for what comes next: kzbin.info/www/bejne/b5zacoqoZa2eerc

[@miladorotea2338]

No but planning to

[@CunninghamLegal]

Great idea! It is never to late to safeguard you and your families assets. When your ready, we will be happy to start the conversation with you. Please use the link to book an appointment. www.cunninghamlegal.com/book-your-appointment/

[@maryr7593]

Have you covered how to leave money for the care of pets?

[@CunninghamLegal]

We have! Here is our video on Pet Trusts: kzbin.info/www/bejne/o4mufYOjoM-Gos0si=l4jmgkuSF3kA-DWu

[@lettybee7764]

What is the advantage of quit title vs revocable living trust

[@kiranwingelaar7009]

Do you work with clients in Michigan. Can LLCs for rental properties be done with a paralegal? Or do they require an attorney?

[@mag-ls9jg]

Even tho California has no asset limit for medi-Cal Beneficiaries, Medi-Cal requires you report 100% of your inheritance within 10 days. How can you do this within 10 days when it takes months? Covered California, on the other hand, says you don’t have to report when you receive and inheritance, but have to report when you sell an asset. Why the discrepancy?

[@CunninghamLegal]

There are different types of Medi-Cal and the rules are complex and often don’t make sense. www.canhr.com is an excellent resource.

[@andreag8666]

My parents owned the property originally. They divorced. Daughter purchased the property at 550,000. The father then put the property back into his name, but did not release the title back before prop 19. If the daughter takes it back, will the assessment go back to the original $60,000 purchase or from her purchase at 550,000? This property is in LA County.

[@CunninghamLegal]

If it is the family home (or farm) it may qualify in full or in part for the family home reassessment exclusion under Prop 19. Please check out our recent video on Prop 19: kzbin.info/www/bejne/nYG9gqKkhrJrqKssi=fapeWeAYGKylFBsw or contact our office.

[@maryr7593]

What if there is no person to name as executor or trustee? Can you name a company to do this for you?

[@CunninghamLegal]

Yes, professional Trustee services can be an option! Please see this video on Educating Your Future Trustees for more information: kzbin.info/www/bejne/q3Kmi2hveb1_r6ssi=vV3NuWAw-AI0GqHa

[@janaaranda9042]

If you have an IRA but you don’t have but $20,000 in it is it best to sell it and put it in your regular savings account to keep from having to go through that IRA stuff or forms etc.

[@CunninghamLegal]

If you don’t plan properly, a whopping 90.3% of your IRA can go to taxes when you pass it on to your loved ones! Here is a link to an article that explains an estate planning strategy to protect your IRA: www.cunninghamlegal.com/ira-legacy-trusts/ For a consult with one of our attorneys please visit: www.cunninghamlegal.com/california-law-offices/contact/ or give us a call at 866.988.3956

[@spikermike2843]

I think it is the complete opposite :). IRA and other retirement accounts by nature have beneficiaries already declared, and so they will never need to go through probate = distributions will happen directly to the beneficiaries. Bank accounts, however, don't always are the POD (payable-on-death) type where beneficiaries can be declared. In this case these bank accounts will end up going through probate if not listed as trust assets.

[@vmobile890]

@@spikermike2843 Thank you the first post don’t like take the ira money would cause taxes and put in bank savings loose intrest on what a ira presently getting .

[@stanleavell7861]

Can a underwriter Do a will and a Trust

[@CunninghamLegal]

Hi Stan, only licensed attorneys should prepare Wills and Trusts.

[@joetotin8665]

Yes I have one

[@papajoe5331]

would it be wise to add an addition LT? we do have one in place with other property which my bro and sis will take...my dad is wanting to give me the property now but taxes will kill me... I am looking to put assets to work.. should I draw up a new trust on just the property he is giving me?

[@CunninghamLegal]

You should reach out to us, there may be a way to minimize taxes and provide creditor protection if your father is looking to transfer the property to you. Book a free 15 min call with one of our client specialists here: www.cunninghamlegal.com/book-your-appointment/

[@mariongreen9065]

I am a trustee of a private express trust

[@CunninghamLegal]

CunninghamLegal provides complete Trust Administration Services in California, regardless of where you as a Trustee are located-and we often work with people located out of state. Please consider contacting us right away when you become the Trustee of an Estate in California: www.cunninghamlegal.com/california-law-offices/contact/ Every day our offices work with heirs and trustees who have gotten themselves in a bind, and sometimes even legal trouble, because of the way they have misunderstood the steps they had to take. If they had come to us earlier, much strife could have been avoided. We have offices throughout California, and we offer in-person, phone, and Zoom meetings. Just call [phone] or book an appointment online: www.cunninghamlegal.com/california-law-offices/contact/

[@sherrykreminski4771]

Are you located in California??

[@allielee653]

Yes

[@richardbranch9452]

Was this live?

[@CunninghamLegal]

Yes, all of our webinars are recorded Live. You can register on our website: www.cunninghamlegal.com/webinars/

[@OrimarDez]

Do you still offer consultations? Also if I am in AZ can you still assist me?

[@CunninghamLegal]

Hi, yes we are offering consultations! If you have any California assets or connections to California, it's possible we can help you! Please contact us using the form on our website or calling our main office line: www.cunninghamlegal.com/california-law-offices/contact/ or 866.988.3956. We look forward to speaking with you!