Drafting a Trust In Whittier, California

Find the right Drafting a Trust attorney in Whittier, CA

In Whittier, California, a trust is an arrangement in which property is held by one person (the trustee) for the benefit of another (the beneficiary).

Trusts can serve any number of purposes. They can be set up to ensure that the child has a college fund, or to see that the beneficiary's basic needs are met, without the money being spent on frivolities.

A trust can make as many or as few allowances as the person creating it wants. For example, a trust could be set up which permits the beneficiary to spend the money on educational expenses, and nothing else.

A trust could, of course, be much more permissive, if the creator of the trust wants it to be. You could set up a trust authorizing the beneficiary to spend as much of the money in it as they like, on anything. Of course, in such a situation, the trust fund might not last very long, especially if the beneficiary is a younger person.

What to Include in Any Whittier, CA Trust

To create a trust in Whittier, California, 4 things are required. The first is purpose - the trust must be set up to serve some kind of objective, and it must be clearly stated in the document that creates the trust.

Second, the trust needs a trustee. The trustee will have possession of the property or money that is being held in trust, and will be responsible for putting it to the use that the creator of the trust intended.

Third, the trust needs to have a named beneficiary. The beneficiary is the person who benefits from the trust.

Finally, and perhaps most importantly, the trust requires a "body." The body of a trust is the thing (typically, but not always, money) that is directly being held in trust, and therefore overseen by the trustee, and used to help the beneficiary.

Can A Whittier, California Trust Drafting Attorney Help?

While the elements of a valid trust are relatively simple and easy to remember, drafting a trust that is sure to be carried out according to the wishes of the person making it can still be intricate. For that reason, a good Whittier, California attorney specializing in estate planning and the drafting trusts may prove invaluable.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Whittier

Whittier is located in Los Angeles County in the state of California. About 12 miles away from Los Angeles, Whittier is a favored commuter city with its bustling economic and residential scene. Whittier, California was named after John Greenleeaf Whittier, a famous poet. The city has over 85,000 residents and was first incorporated in 1898.

Whittier, California is an excellent city for recreation and leisure activities. The city maintains an extensive recreation department that offers youth sports, adult instructional courses, and senior activities. Shopping is excellent in places like the Whittwood Town Center, which is a mall featuring various national retail stores. In addition, the city of Whittier places much emphasis on the development of cultural arts in the city, with projects like the Whittier Cultural Arts Foundation, Art in Public Places, and the Community Arts Coalition.

With its rich history, Whittier, California is also known for its high concentration of historic landmarks, registered both nationally and with the state of California. In particular, the Pio Pico State Historic Park is a well-frequented site, as well as the Whittier Museum. Whittier College is also located in the city and is one of the major employers for the region.

Lawyers in Whittier, California serve the community by offering legal services in a diverse range of fields. Whittier lawyers typically file lawsuits at the Superior Court of California, County of Los Angeles. Experienced lawyers in Whittier can help address legal inquires and provide representation in court.

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