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Korling Law

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Services

Trusts

Living Trusts

The most common trust used in California. This is the best estate planning tool to make sure your loved ones do not have to go through probate to receive your assets after your death. 

Irrevocable trusts

A tool used for various purposes according to the special circumstances of each client. Some irrevocable trusts are designed for tax purposes, some are for charitable giving, for the support and maintenance of a special needs or aged beneficiary and much more. 

Amendments to an existing trust

Estate plan documents commonly need to be updated due to life events and changed circumstances. This can be done with an Amendment to the trust or a Restatement. An amendment is a change to a particular section. With a restatement, the trust is re-written again as a whole. 


Wills

Will based estate plan

Generally using Wills as the main estate planning tool is not recommended in California because Wills have to go through the very long and expensive Probate process. In some cases, however, Wills are still used. For example, when an individual is traveling or in the middle of a divorce and do not have enough time to properly create and fund a trust.  

Pour over Will

A special Will that accompanies a living trust. This Will pours over all of the assets under an individual name at the time of his death, to his living trust. This tool is designed to make sure that even if an asset was not transferred to the trusts for any reason, it would still be distributed according to the terms of that trust. 

Codicil to an existing Will

This documents is used to amend or add a section to an existing Will.  


Additional Estate Planning Services

Review of an existing Estate Plan

If your estate plan documents are more than 5 years old, it is usually a good idea to have an attorney go over them, make sure they are current with the law and that they still serve your goals, taking into consideration your current personal circumstances. 

Financial power of Attorney

This documents covers anything that is not titled under your Trust- Financial institution accounts, communication with government agencies, retirement assets, etc. This is an integral documents in an Estate Plan. 

Advance Health Care Directive

A document intended to direct the agent of your choice about your health care and end of life preferences. 

Real Estate Deeds

If you own Real Estate, it is very important to make sure your loved ones do not have to go through probate to receive the property. Based on the Estate Plan we design with you, we will then draft the proper Deed and tax forms so that the property title will match your estate Plan. 

Assignment of property to a Trust

Based on your assets, we will draft the appropriate documents to assign your property to your living trust. This is a crucial step to ensure that your property is titles correctly under your trust and that no probate is needed. 

Contact Us FOR MORE INFORMATION

maya@korlinglaw.com

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By Appointment Only

1135 Eugenia Place, Carpinteria, CA 93013

(805) 881-2065

This website is for informational purposes only. Using this site or communicating with Korling Law through this site does not form an attorney/client relationship.  This site is legal advertising and does not constitute legal advise.


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