Why a Trust Review Matters

Most California trusts were drafted more than ten years ago, often by attorneys who have since retired, and have never been revisited.

In that time, federal estate tax exemptions have shifted, the SECURE Act changed how inherited retirement accounts are taxed, and California's Proposition 19 (effective February 2021) eliminated the parent-child property tax exclusion for most properties other than a primary residence.

Meanwhile, life events, property purchases, and refinancing often pull assets out of alignment with the trust. A trust that worked in 2008 may now do the opposite of what the client wants — or fail entirely because assets were never funded into it.

Who This Service Is For

  • Homeowners and families with a trust that has not been reviewed in the past five to seven years
  • Clients whose original estate planning attorney has retired or is no longer reachable
  • Successor trustees who have just been appointed after a death and need to understand their duties
  • Anyone with California rental property concerned about Proposition 19 reassessment
  • Blended families who want to confirm that stepchildren and children from prior marriages are treated as intended
  • Clients planning a major life event (marriage, sale of a primary asset, retirement, or relocation)

Who This Service Is Not For