The concept of the revocable trust (sometimes referred to as a “revocable living trust,” “living trust,” or “grantor trust”) is similar to a Will in that it directs the distribution of assets at the time of your death, but it does so without the involvement of probate court. In addition a revocable trust may provide for your care and the management of your assets during your lifetime in the event of disability or incapacity. When you create the trust and transfer assets into the trust you are known as the Trustor (or sometimes “Grantor” or “Settlor”). You name a trustee, frequently yourself, and the ‘Trustee’ is the person who holds and manages the trust assets in accordance with the terms and provisions set forth in the Trust instrument. The ‘Beneficiary’ is a person(s) for whose benefit the trust was created. It is created and operational while you are alive and it can be revoked or changed at any time by the person(s) who created the trust.

Other Services

  • Estates and Trusts

    Estate planning is important for many reasons. Some of the more important reasons are: It allows you to set forth

    Read More

  • Wills

    A will is a written declaration, which directs the distribution of your property after your death. An executor named in

    Read More

  • Mediation

    Mediation is a voluntary process that requires full cooperation and participation of the parties to reach decisions acceptable to each.

    Read More

  • Business Succession

    Business succession is the planning and process of preserving the continuity of the family business. If the goal is to

    Read More

  • 1
  • 2
  • 3

404 West Pine Street, Suite 14
Lodi, CA 95240-2048

Phone: (209) 339-9196
Fax: (209) 369-3687


Website Contents © Schneweis-Coe & Bakken, LLP
Unauthorized duplication or reposting of the contents of this site in any form is strictly prohibited.

Stockton Website Design by Brentwood Visual