Todd Gallinger is the founder and principal of Gallinger Law. He is licensed to... more
Todd Gallinger is the founder and principal of Gallinger Law. He is licensed to practice law in California, New York, and all Federal District Courts in California. Mr. Gallingers practice focuses on the needs of small businesses and their owners, as well as non-profit law. For his education, Mr. Gallinger attended the University of California at Santa Barbara, where he earned a Bachelors degr... view profile
I went to law school because I always dreamed of helping the people around me and... more
I went to law school because I always dreamed of helping the people around me and making a difference in people’s lives. However, I quickly learned that in reality most law firms had become nothing more than focused on the billable hour, paperwork, and complete disconnect from clients. I knew that this wasn’t what I wanted to do. I wanted to connect with clients, be someone they could trust and... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.