Law Office of DeAnne E. Parker
Redding Probate, Trusts, Estate Planning And Business Attorney

trusts Archives

Overview of charitable trusts

Many residents of Northern California may wish to leave some or even all of their fortunes to their charities. There are a number of ways in which a person can accomplish this goal. For instance, for some, the best course of action may be to set up a charitable trust.

How can a testamentary trust be useful to me?

A previous post on this blog talked about the advantages of revocable living trusts. These types of trusts, and living trusts generally, can help residents of Redding, California, keep their estates out of a lengthy, costly and often stressful probate process. The probate process is also public, so living trusts can help keep a family's financial affairs confidential.

Special needs trusts are a useful estate planning tool

Many people in Redding and other parts of Northern California probably have someone in their family with special needs due to some sort of disability, illness or injury. These special needs can include the need for medical care and other treatments. In some cases, the person with special needs may require assistance going through daily life. Sometimes, they may even need to live in a place where they can receive full-time professional care.

What is a spendthrift trust?

While many people think of trusts as a way to avoid probate, there are actually a number of ways by which trusts can benefit a Redding, California resident who is trying to formulate an effective estate plan. For instance, trusts can help with tax-related issues, issues involving eligibility for benefits and the like.

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