Lynwood Trusts Attorneys — 2 found

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  1. Lynwood Trusts Attorney Joseph Albert Lumsdaine

    Joseph Lumsdaine

    Client Review: Mr. Lumsdaine has been extremely helpful, efficient, and prompt while guiding my family through t...
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    Licensed for 39 years
    AVVO
    RATING

    9.8

  2. Lynwood Trusts Attorney Peter Leonardo Lago

    Peter Lago

    Downey, CA Trusts Attorney
    Licensed for 38 years - 45 Min Free Consultation
    Not yet reviewed
    AVVO
    RATING

    6.7

Trusts

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.