Living Trust and Estate Strategies – Camu Living Trust

by | Jun 29, 2023 | Community

A living trust is about living benefits.

A living trust is not only for wealthy and older people.

A guardian is responsible for raising the children if the heirs are unable to do so, caring for the children on a daily basis.

A trustee/executor is in charge of overseeing the gathering of assets, the payment of taxes and any other final expenses, and distribution of the assets to beneficiaries.

Living Trust vs. Will:

Living trust generaly supersedes a will. See the comparison below.

Here are some comparisons for your consideration:

LIVING TRUST:

Takes effect while you’re alive

Skips probate court

Easy to change

Name guardianship & custodianship

Assets transfer immediately

Stays private

Affordable with CaMu

vs.

WILL:

Takes effect at death

Goes through probate court

Easy to change

Names guardianship of children

Transfer of assets can take time

Becomes public

Affordable

Call 661-977-3371 to book your appointment or learn more at www.camulivingtrust.com

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