Trusts Lawyer North Hills, CA
In North Hills, California, and throughout the state and the country, trusts are a fundamental aspect of effective estate planning. Generally speaking, trusts grant a number of benefits to the trustor and the eventual beneficiaries, including (but not limited to) tax reduction, alternatively structured distribution of trust assets, and probate avoidance.
For example, assets that have been placed in a trust (i.e., a revocable living trust or a property-based trust such as a QPRT) typically avoid formal probate, minimizing the time and effort required for distribution. Probate is a court-supervised process that can slow down the handling of estate assets, which can cause a lot of problems for beneficiaries who have been put in a vulnerable financial position following the death of their loved one.
Alternatively, a trust can be structured in such a way as to protect the assets from being misused. For example, a trust with a built-in spendthrift clause gives the trustee control over distribution of the assets so that the beneficiary cannot overspend.
Whether you’re interested in establishing a trust, have been named the trustee and are confused as to how to properly administer the trust itself, or are a beneficiary and are involved in a dispute over the trust assets, it’s important that you get in touch with a qualified trusts lawyer in North Hills, CA for further guidance. Let the Law Offices of Darrell C. Harriman help you today.
Trusts Lawyers Assist with Estate Planning, Administration, and Dispute Resolution in North Hills, CA
Here at the Law Offices of Daniel C. Harriman in North Hills, California, we help clients with a range of trust planning, administration, and dispute resolution issues.
In the planning context, we can assist with the creation of:
- Charitable trusts
- Qualified personal residence trusts
- Insurance trusts
- Revocable living trusts
- Irrevocable trusts
- Special needs trusts
- And more!
With regard to trust administration, our attorneys are trained to assist clients with:
- Notices and accounting
- Procedural compliance
- Execution of beneficiary distributions
- Interpreting ambiguities in the trust language
- And more!
In some cases, a dispute may arise. We are steadfast negotiators who have a long track record of success in negotiating favorable compromises. We recognize that it’s important to be prepared for litigation, if need be, and this gives us a significant advantage when it comes time to negotiate in your North Hills estate planning or administration matter.
How the Law Offices of Darrell C. Harriman in North Hills, CA Can Help You
Daniel C. Harriman has served as an estate planning, probate, and trusts administration lawyer for over 25 years. Prospective clients must exercise serious caution when considering all their options. In the trusts and estate context, there are many small-firm attorneys who primarily handle some other practice area (i.e., personal injury law or contract law) and who have minimal experience in the area of trusts. Specialized knowledge is enormously beneficial, however, particularly in disputes or administrative scenarios that involve moments of unexpected complexity.
Attorney Harriman believes in personalized representation that is suitable for each client. As such, he encourages clients to speak openly about their concerns so that those concerns can be evaluated and addressed. Unlike many other firms, the Law Offices of Daniel C. Harriman in North Hills, California thrives on regular communication. We work closely with clients from beginning to end, keeping them apprised of developments throughout the engagement process.
Schedule a Free Consultation with a North Hills Trusts Attorney
At the Law Offices of Darrell C. Harriman, we provide cutting-edge legal representation to those in need of trust administration and dispute resolution services in North Hills, California. We also provide estate planning services that include the creation of trusts to minimize tax liabilities and to avoid the disadvantages of formal probate.
Interested in speaking with an experienced North Hills trusts lawyer? Contact the Law Offices of Darrell C. Harriman today at (818) 264-4285, or submit an online form through our website. Our office is located just off the 405 Freeway, making it easy for clients to avoid the hustle and bustle of downtown.
We look forward to assisting you.
Information on North Hills, CA
North Hills is a neighborhood located in the northern portion of San Fernando Valley, within the Los Angeles urban agglomeration. North Hills has a population of 60,254 as of the 2010 census, split between two sub-neighborhoods: North Hills West and North Hills East. North Hills East is the more heavily populated of the two.
Originally an agricultural community more widely known as “Mission Acres,” North Hills has developed into an urban community with impressive racial diversity. A majority of residents claim Hispanic origin (70.1%), followed by substantial numbers of Asian (12.5%) and white residents (12.8%).
North Hills is also relatively diverse when it comes to age. Older adults — defined as those between 40 and 64 years of age — and seniors make up more than one-third of the total population. Given these demographics, estate planning, dispute resolution, and trust and estate administration are all serious concerns in North Hills, CA.