Short Explanation of Trust Terms By Attorney Allyson S.Heller of Tyre Law Group, Covina

https://www.youtube.com/watch?v=CRx5ormTXAg There can be some confusion regarding the different terminology associated with Trusts. Attorney Allyson S. Heller sits down to discuss the most important Trust terms. Trustor, sometimes referred to as the Settler or Grantor., A Trustor is the person or in the case of a married couple the persons who create and [...]

By |2024-07-08T20:53:43+00:00July 8th, 2024|Trust, Trustee|Comments Off on Short Explanation of Trust Terms By Attorney Allyson S.Heller of Tyre Law Group, Covina

San Gabriel Valley’s Best “Living Trust Attorney” and Best “Legal Services”

We are honored to be voted once again as San Gabriel Valley’s best in "Living Trust Attorney" and "Legal Services" by Pasadena Star-News, San Gabriel Valley Tribune, and Whittier Daily News. We extend our heartfelt thanks to our clients for this esteemed recognition. Recently featured in USA Today’s "Estate Planning 101," we are dedicated to [...]

By |2024-06-19T14:46:32+00:00May 28th, 2024|Awards and Recognitions, Living Trust, Trust, Trust Administration|Comments Off on San Gabriel Valley’s Best “Living Trust Attorney” and Best “Legal Services”

Most Trusts Need To Be Closed By Tony J. Tyre, Esq.

Many people visit our office holding their parents' family home within a trust created by their parents, often years after both parents have passed away. What most of these people don't realize is that once a trust has fulfilled its purpose, it should typically be defunded, and the assets should be transferred to a new [...]

By |2024-07-09T03:41:59+00:00May 21st, 2024|Trust, Trustee|Comments Off on Most Trusts Need To Be Closed By Tony J. Tyre, Esq.

Trusts and Wills: What’s The Difference Between a Trust and Will?

Understanding the Differences & Benefits of Trusts and Wills in Estate Planning Covina, CA Trusts and Wills are the two of the most commonly used estate planning documents, and they form the foundation of most estate plans. While both documents are legal vehicles designed to distribute your assets in Covina, and through California, how they [...]

By |2024-07-08T19:25:37+00:00April 22nd, 2024|Trust, Will|Comments Off on Trusts and Wills: What’s The Difference Between a Trust and Will?

Amending Your Trust After Marriage—the Omitted Spouse Doctrine
By William C. Mason, III, Of Counsel

Marriage changes a lot of things—but should it change your existing trust? To answer that question, let’s look at a hypothetical: John has two children: Dick and Jane. John purchases a home on Evergreen Lane and transfers that home into the John Doe Revocable Trust. Wanting to leave his children a tangible asset that can [...]

By |2024-02-21T23:10:46+00:00October 5th, 2023|Inheritance, Property, Successor, Trust|Comments Off on Amending Your Trust After Marriage—the Omitted Spouse Doctrine
By William C. Mason, III, Of Counsel

Estate Planning 101: Trust & will terms that everyone needs to know

Quick, what’s the difference between a will and a trust? Might you be a testator? And what do you know about a conservatorship, besides the fact that Britney Spears has been embroiled in drama surrounding one? While these terms are familiar, many people are often pressed to define exactly what these important estate planning documents [...]

By |2024-01-28T01:09:55+00:00May 19th, 2023|Estate Planning, Trust|Comments Off on Estate Planning 101: Trust & will terms that everyone needs to know

When Should I Amend my Trust?
By William C. Mason, III, Of Counsel

As your life changes, so too can your revocable trust. While there are numerous reasons why you may want to modify your trust, the following events are the most common that necessitate a trust amendment: The birth or adoption of a child When initially creating your trust, you may have named individuals such as siblings, [...]

By |2024-01-28T01:11:26+00:00May 8th, 2023|Assets, Trust, Uncategorized|Comments Off on When Should I Amend my Trust?
By William C. Mason, III, Of Counsel

Debunking Trust Myths and Misconceptions
By Allyson S. Heller

When it comes to estate planning, people tend to have misconceptions about living trusts, many of which stem from secondhand accounts from unreliable sources. Below, I debunk some of the most common myths about trusts. Myth #1: “Trusts are for rich people.” Reality: By far the most common misconception I hear from clients is that [...]

By |2024-01-28T01:20:41+00:00November 15th, 2022|Trust, Will, Аttorneys|Comments Off on Debunking Trust Myths and Misconceptions
By Allyson S. Heller

Trust And Will Terminology 101
By Allyson S. Heller

When people begin looking into the process of creating a living trust, they often have questions about the various legal terms that they may encounter, many of which can seem confusing and overwhelming. To help demystify the estate planning process, in this article I briefly define some of the most common trust terms and phrases. [...]

By |2024-01-28T01:23:41+00:00September 21st, 2022|Trust, Trustee, Will, Аttorneys|Comments Off on Trust And Will Terminology 101
By Allyson S. Heller

Two Years Later: COVID-19 & Estate Planning By Allyson S. Heller

Over two years after the “Stay at Home” order went into effect, with Omicron, many people still feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise. Although having a living trust or will, [...]

By |2024-01-28T03:09:13+00:00February 2nd, 2022|Estate Planning, Living Trust, Taxes, Trust, Will|Comments Off on Two Years Later: COVID-19 & Estate Planning By Allyson S. Heller
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