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Top 3 Reasons to Setup a
Revocable Trust
By Steven F. Schroder
2107 N. Broadway, Ste. 204
Santa Ana, CA 92706
(714)480-0529
info@schroederesq.com
Estate Planning Attorney, Orange County
Probate Attorney, Orange County
1. Probate Avoidance
 Probate is a court process which involves collecting
a decedent's assets, notifying creditors, paying
liabilities, and distributing the remaining assets to
heirs.
 In California the time needed to probate a
decedents estate can be anywhere between 1 to 2
years.
 Moreover, probate can be quite expenses.
Estate Planning Attorney, Orange County
Probate Attorney, Orange County
2. Privacy
 Probate is a PUBLIC proceeding.
 Entering into Probate allows ANYONE to learn the
name, address and age of all beneficiaries;
 By establishing a revocable living trust you keep all
this information private
Estate Planning Attorney, Orange County
Probate Attorney, Orange County
3. Control
 The revocable living trust is a contract that you
enter into which contains your instructions for
managing your assets, and the use of those assets in
the event of your death or incapacity.
 Should you not be able to manage the trust yourself
a person whom you appoint will step into your
shoes to manage the trust.
 The successor trustee is under a fiduciary obligation
to carry out your wishes as outlined in your trust.
Estate Planning Attorney, Orange County
Probate Attorney, Orange County

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Why to avoid probate by steven f schroeder probate and estate planning attorney orange county

  • 1. Top 3 Reasons to Setup a Revocable Trust By Steven F. Schroder 2107 N. Broadway, Ste. 204 Santa Ana, CA 92706 (714)480-0529 info@schroederesq.com Estate Planning Attorney, Orange County Probate Attorney, Orange County
  • 2. 1. Probate Avoidance  Probate is a court process which involves collecting a decedent's assets, notifying creditors, paying liabilities, and distributing the remaining assets to heirs.  In California the time needed to probate a decedents estate can be anywhere between 1 to 2 years.  Moreover, probate can be quite expenses. Estate Planning Attorney, Orange County Probate Attorney, Orange County
  • 3. 2. Privacy  Probate is a PUBLIC proceeding.  Entering into Probate allows ANYONE to learn the name, address and age of all beneficiaries;  By establishing a revocable living trust you keep all this information private Estate Planning Attorney, Orange County Probate Attorney, Orange County
  • 4. 3. Control  The revocable living trust is a contract that you enter into which contains your instructions for managing your assets, and the use of those assets in the event of your death or incapacity.  Should you not be able to manage the trust yourself a person whom you appoint will step into your shoes to manage the trust.  The successor trustee is under a fiduciary obligation to carry out your wishes as outlined in your trust. Estate Planning Attorney, Orange County Probate Attorney, Orange County