ARE TRUSTS EXCLUSIVELY FOR SENIORS? (video)

admin • September 26, 2024

Welcome to today’s video! We’re tackling one of the biggest trust planning myths out there—that trusts are exclusively for seniors . Whether you’re in your 30s, 50s, or even younger, trusts can be a key part of your estate planning strategy. Stick around as we break down why trusts aren’t just for seniors and how they can benefit you and your family, no matter your age.

Transcript:

” No, they’re definitely not. Anybody who is old enough to be of age, so 18 years or older, who owns more than $180,000 of assets and has loved ones that they would like to transfer their estate to in an orderly fashion can use a trust. Additionally, as we’ve talked about at other times, the powers of attorney are important for literally anyone to have. We even do them for college-age kids so that we ensure that the parents of those kids can manage their assets or make medical decisions for them in case they have an accident. Really, estate planning more broadly is something that anybody who’s 18 years or older needs some version of, whether it’s a trust or just powers of attorney, but no, it’s certainly not a process that’s only for old people. ”

Thanks for watching! We hope this video helped clear up the myth that trusts are exclusively for seniors . Remember, trusts can offer peace of mind and financial protection for individuals of all ages. If you’re ready to learn more about how a trust can fit into your estate planning, reach out to us today. Don’t forget to like and subscribe for more helpful insights on estate planning! At the Law Office of Andrew Fesler, we are here to help you plan your estate!  Contact us to learn more.

< Older Post

 Newer Post >
A man and a woman are sitting at a table talking to a doctor.

How Much Is Considered a Small Estate in CA?

By admin • April 22, 2025
If you’ve recently lost someone you love or you’re preparing your own estate plans, you might have heard the term “small estate.” But what exactly does that mean? In California, estates that fall under a certain dollar amount are considered “small” and can be handled more easily and quickly than larger, more complicated estates. But […] The post How Much Is Considered a Small Estate in CA? appeared first on Law Office of Andrew Fesler - Carlsbad,CA.
A group of people are sitting around a table talking to each other.

What Is the Most Important Decision in Estate Planning?     

By admin • April 14, 2025
When it comes to estate planning, there’s a common misconception that it’s all about deciding who gets what. While distributing your assets is definitely important, the truth is estate planning involves far more critical decisions than many people realize. So, what is the most important decision in estate planning?   The answer isn’t about money or […] The post What Is the Most Important Decision in Estate Planning?      appeared first on Law Office of Andrew Fesler - Carlsbad,CA.