Top Tarzana, CA Asset Protection Lawyers Near You
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Stone & Sallus, LLP Helps Los Angeles-Long Beach Metro Clients With Their Trust Needs
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550 North Brand Blvd, Suite 1500, Glendale, CA 91203
251 S Lake Ave, Suite 800, Pasadena, CA 91101
2049 Century Park E, 37th Floor, Los Angeles, CA 90067
33 E Huntington Dr, Suite A, Arcadia, CA 91006
1801 Century Park East, Suite 1250, Los Angeles, CA 90067
4160 Temescal Canyon Road, Suite 202, Corona, CA 92883
730 Arizona Ave, 1st Floor, Santa Monica, CA 90401
777 South Figueroa Street, Suite 4000, Los Angeles, CA 90017
2049 Century Park E, 18th Floor, Los Angeles, CA 90067
915 Wilshire Blvd, Suite 1650, Los Angeles, CA 90017
1901 Avenue of the Stars, Suite 1600, Los Angeles, CA 90067
24025 Park Sorrento, Suite 280, Calabasas, CA 91302
3733 Rosemead Blvd, #201, Rosemead, CA 91770-1981
27282 Calle Arroyo, Ste. 200, San Juan Capistrano, CA 92675
1150 S. Olive St, Suite 600, Los Angeles, CA 90015
229 Ave I, Suite 200, Redondo Beach, CA 90277
777 South Figueroa Street, Suite 4550, Los Angeles, CA 90017
300 E State St, Suite 440, Redlands, CA 92373
600 Hampshire Rd, Suite 211, Westlake Village, CA 91361
1112 Fair Oaks Ave, South Pasadena, CA 91030
910 North State Street, Suite D, Hemet, CA 92543
16133 Ventura Boulevard, Suite PH-A, Encino, CA 91436
17592 Irvine Blvd, Tustin, CA 92780
1901 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067-6002
6 Hutton Center Drive, Suite 1150, Santa Ana, CA 92707
Tarzana Asset Protection Information
Lead Counsel Verified Attorneys in Tarzana
Lead Counsel independently verifies Asset Protection attorneys in Tarzana and checks their standing with California bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is an Asset Protection Trust?
Asset protection trusts are a way to protect assets from creditors. Asset protection trusts are more common in other countries or for offshore accounts. If the person who opens the trust (the settlor) is subject to a court judgment, the trustee can keep the assets safe from creditors or the settlor. Most people in the U.S. don’t use asset protection trusts as part of an estate plan.
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in California is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under California probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Tarzana?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts