THE SEVEN ADVANTAGES

OF A LIVING TRUST

1. A REVOCABLE LIVING TRUST SAVES YOU MONEY.

Without a trust, your home would have to go through probate court.

Probate is very expensive.

Even if you have a will, your home will have to go through probate.

If you have a $300,000 house, the probate fee would be $18,000.

A living trust would save you $18,000.

2. YOUR LIVING TRUST CAN GIVE YOU PEACE OF MIND.

3. A LIVING TRUST CAN HELP AVOID FAMILY FIGHTS OVER PERSONAL ITEMS.

4. A COMPLEX TRUST CAN SAVE YOU MONEY ON FEDERAL ESTATE TAXES.

Federal Estate Taxes can be reduced as much as $700,000.

A complex trust must be set up while both husband and wife are

still alive.

5. A COMPLEX TRUST CAN REDUCE ESTATE TAXES ON LIFE INSURANCE.

Most people don't know that life insurance proceeds can be taxed at your death. (Normally, there is no income tax on life insurance.)

6. A LIVING TRUST CAN SET UP A "FORGIVENESS" OF CAPITAL GAINS TAX. (Avoids problem of holding property in joint tenancy.)

7. A LIVING TRUST CAN REDUCE PROPERTY TAXES FOR YOUR CHILDREN. (Maintain your Proposition 13 tax advantage.)

THE LAW OFFICES OF WILLIAM G. WAIS

100 W. BROADWAY, SUITE 900

GLENDALE, CALIFORNIA 91210

(818) 244-1894