Trusts are one of the most powerful tools for high-net-worth Californians to protect their wealth and minimize tax exposure. The right trust strategy can ensure your assets are transferred efficiently while maintaining control.
Common Trust Types for Tax Planning
- Irrevocable Life Insurance Trusts (ILITs)
Remove life insurance proceeds from your taxable estate - Grantor Retained Annuity Trusts (GRATs)
Transfer appreciating assets while reducing gift tax exposure - Charitable Remainder Trusts (CRTs)
Support causes you care about while reducing estate and income taxes
Benefits of Trusts
- Avoid probate
- Protect assets from creditors
- Maintain privacy
- Control distributions for heirs
Property and business interests in California can trigger complex tax and probate rules. Trusts provide flexibility and protection against these complications. Work with a our trust attorney to implement trusts that reduce taxes, protect your legacy, and provide for your loved ones efficiently by calling 877-405-6446 or completing our confidential contact form today.
