Legal Question in Wills and Trusts in California

What are good resources to see get the pros and cons of placing a personal residence in a separate trust from the rest of your assets? Are there good options outside of QPRT?


Asked on 8/02/10, 10:16 am

1 Answer from Attorneys

I know Natalie Choate is one the most well known lawyers, in the country, on the topic and she probably has technical materials you could review. Generally speaking a QPRT is best for a house becuase it is simple, not expensive but can create great tax savings and creditor protection. I encourage you to seek the aid of a certified specialist in estate planning law. There is a list on the California state bar website.

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Answered on 8/11/10, 11:51 am


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