Living Trust Creation & Review
We're now able to provide support to help you establish a new living trust or review your existing one. Whether you're putting a plan in place for the first time or want to confirm that your current trust still reflects your wishes, your family circumstances, and current law, our team will provide access to resources to assist you in the process and coordinate every detail with your attorney and CPA.
Who May Need Support
- Families with minor children who need guardianship and trust provisions in place
- High-net-worth individuals managing federal estate tax exposure and lifetime gift strategy
- Blended families who need careful trust drafting to balance multiple beneficiaries
- Anyone with an old will or trust that hasn't been reviewed in five or more years
Our Estate Coordination Approach
- Beneficiary and account titling reviews so assets pass outside probate where appropriate
- Revocable living trust funding — making sure assets are actually re-titled into the trust
- Lifetime gifting strategies that use annual exclusions and the lifetime exemption efficiently
- Irrevocable trust strategies (ILIT, SLAT, GRAT, IDGT) when estate tax planning calls for them
- Coordination with your estate planning attorney and CPA — we manage the team
Common Mistakes We Strive to Help You Avoid
- Leaving an ex-spouse as a 401(k) beneficiary years after a divorce
- Drafting a trust but never funding it — leaving assets stuck in probate
- Naming a minor child directly as a beneficiary instead of through a trust
- Failing to update plans after a marriage, divorce, birth, death, or move across state lines
Frequently Asked Questions
Do I need a trust or just a will?
A will alone usually means probate, which is public, slow, and costly in California. A revocable living trust avoids probate for assets titled in it and is often the right foundation for California residents.
Will my estate owe federal estate tax?
The federal exemption is high (currently over $13 million per person), but it is scheduled to drop in 2026. Even below the threshold, state estate or inheritance taxes may apply depending on residency.
Do you draft the legal documents?
Estate Planning Coordination: Depending on your estate planning needs, we can assist with the preparation of a revocable living trust or provide a review of your current living trust. For more complex matters, we also coordinate with your estate planning attorney, who drafts the documents, and make sure the financial side (beneficiaries, titling, funding, insurance) aligns with the legal plan.
Ready to Talk?
Let's start the conversation.
Every plan begins with a complimentary, no-obligation conversation about your goals.
Schedule a ConsultationMy 360 Wealth Management Group, Global Retirement Partners and LPL Financial do not provide tax or legal advice. Please consult your tax advisor or attorney for guidance specific to your situation.
LPL Financial representatives offer access to Trust Services through The Private Trust Company N.A. an affiliate of LPL Financial.
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