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Developing A Trust You Can Depend On

Last updated on September 11, 2025

One of the biggest mistakes people make in estate planning is assuming a trust and a will are the same thing. While these features of estate planning both distribute assets to beneficiaries, there is much more to trusts than you may think. Thankfully, you can rely on the guidance of an experienced trust attorney for more information and guidance.

At the Palm Desert Law Offices of Tecla M. Lunak, APC, you can develop a trust that is in compliance with California law while still maximizing the benefit the trust provides you and your loved ones. We can help you set up a trust that meets your unique needs.

How To Set Up A Trust

When you come to us to meet with a trust attorney, the first thing we will do is talk with you to identify what kind of trust will best help you with your estate planning needs. We can guide you through the various steps of creating a trust, including:

  • Completing the necessary documentation
  • Choosing a trustee
  • Take stock of your assets
  • Identify the trust you want (including revocable trusts, nonrevocable trusts, single trusts, joint trusts and living trusts)
  • Sign the trust in front of a notary

As we help you create your trust, we will be sure to oversee the process so that it leaves as little grounds for contestation as possible to give you peace of mind about the future.

Through a proper trust, you can decide when and how your beneficiaries receive their inheritance, and you may be able to minimize the tax liability they have in the process. Our trust attorney can help you review your options and choose the best course of action for your estate plan.

What Types Of Trusts Are Available In California?

When planning for the future, it is essential to understand the different types of trusts available in California. Each type of trust serves a specific purpose and can help you and your family achieve unique estate planning goals.

Here are some of the most common trusts used in Palm Desert and throughout California:

  • Revocable trusts: A revocable trust allows the creator (you) to make changes or revoke it during your lifetime. It is often used to avoid probate, provide flexibility and help ensure smooth asset management while you are alive.
  • Irrevocable trusts: Unlike a revocable trust, an irrevocable trust cannot be altered once created. This type of trust can provide tax advantages, protect assets from creditors and preserve wealth for future generations.
  • Special needs trusts: Designed for individuals with disabilities, this trust helps provide long-term financial support without affecting eligibility for government benefits such as SSI or Medi-Cal. Parents and guardians use this trust so that a disabled child will continue receiving care and support even after they are no longer able to provide it personally.
  • Charitable trusts: They are created to support nonprofit organizations or causes. They can also provide tax benefits while helping ensure a lasting impact on a chosen charity.
  • Testamentary trusts: Established through a will, a testamentary trust becomes active only after the creator’s death. It is often used to manage how assets are distributed to minors or dependents.
  • Life insurance trusts: This type of trust holds life insurance policies and pays out upon the creator’s passing. It can help avoid estate taxes and provide immediate funds for beneficiaries. It is commonly chosen by those who want liquidity for their estate, such as covering funeral expenses or providing fast financial support to heirs.
  • Spendthrift trusts: A spendthrift trust protects a beneficiary from reckless spending habits or creditors. It allows for controlled distributions to ensure long-term financial stability.

Each trust offers different benefits depending on your financial goals and family circumstances. While some focus on tax savings, others aim to protect vulnerable loved ones or ensure charitable giving.

Because trust planning can be complex, working with a knowledgeable estate planning attorney in Palm Desert, California, is essential. We can help you choose the right trust for your situation, confirm that it is set up properly and provide comfort knowing that your wishes will be carried out effectively.

Let Us Help Build Your Trust

Having a trust is not just for wealthy individuals; anyone can benefit from it. Call our Palm Desert office at 760-621-6113 or email our lawyer here to schedule your initial consultation with us today to build a trust that protects your best interests.