What is a living trust in California?

A living trust is an important estate planning tool for California residents. It allows you to manage your assets and property during your lifetime, as well as providing a way to pass on those assets after death with minimal probate costs. In essence, it serves the same purpose as a will but in many cases can be more advantageous in terms of tax savings and protecting privacy. This article explains the basics of creating and managing a living trust in California.


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