Q: If I don’t have “significant” assets, why would I need a Trust?

by | Aug 9, 2023 | Estate Planning, Q&A |

A: If you own a home in California and/or have minor children, creating a Trust is a wise investment. Homes in California are often over the $184,500 threshold amount that is subject to probate. Additionally, providing nominations of guardians of minor children allows for your children to be under the care of a designated guardian of your choosing instead of a court-appointed guardian in event you or your spouse are unavailable.