SteveBliss Law San Diego Estate Planning Attorney Probate Lawyer
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Map:
Phone: (858) 278-2800
Attributes of a Trust
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Trusts enable people to attach more strings to an asset than by just leaving the asset to somebody in a will.
Expense
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One of the primary disadvantages to utilizing a trust is the expense essential to develop it. There is typically a cost to develop a trust and to create a pour-over will that transfers any staying possessions into the trust at the testator’s lifetime. A trust might supply for dispensations at specific periods or provide the trustee discretion as to when funds ought to be taken from the trust and provided to the beneficiary.
More Information
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Lack of Tax Benefits
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Inconvenience.
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