The Ask Amity Show

One of the reasons why people set up an Irrevocable Living Trust is the asset protection aspect of it. With an Irrevocable Living Trust, you are able to protect assets from potential lawsuits and creditors. However, there are also disadvantages to an Irrevocable Living Trust. To learn more, tune in to this video featuring our attorney Jennifer!

*Note: This video is only available in Mandarin and is previously recorded through ChineseinLA.

What is the role of a trustee and how should you decide who to choose as your successor trustee? Hear what our attorney says about what factors to consider when choosing someone as your trustee and some of the duties that a trustee needs to take on to manage the Living Trust.

*Note: This video is only in Mandarin and is previously recorded through ChineseinLA.

Going through probate can be a lengthy process to go through for you and your family. From learning about what probate is and knowing what documents you need, our attorney Jennifer explains some of the details you should know in order to go through this process.

*Note: This video is only available in Mandarin and is previously recorded through ChineseinLA.

In movies and TV shows, a person is shown to be on the hospital bed with family and an attorney who is going to announce the contents of the Will. In reality: None of this happens. Instead, there are only several people who are actually able to know the contents of the Living Trust and have to go through a specific process depending what documents there are. Tune in to learn about what really happens to a Living Trust after the Trustee passes away!

In the event that you may fall ill and can no longer handle your own legal and financial affairs, who will be able to step in and make decisions on your behalf? Tune in now to learn about some of the considerations you should take when deciding who to appoint for your Power of Attorney.

For this video, our attorneys discuss the top 5 obstacles that may prevent you from creating your estate plan for your family. From cost concerns to speaking to an attorney, we understand that taking the first step may be difficult if you come across any of these obstacles.