Mr. Primuth earned his juris doctor from the University of California, Los Angeles (UCLA) School of Law in 1989, where he was a moot court honors winner and an extern for the Honorable... more
Mr. Primuth earned his juris doctor from the University of California, Los Angeles (UCLA) School of Law in 1989, where he was a moot court honors winner and an extern for the Honorable William P. Gray in United States District Court. He worked at the international law firms of Latham Watkins and Paul, Hastings, Janofsky Walker, handling a wide variety of civil litigation for business cli... 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.