When a family member dies, they usually decide who gets what assets by leaving a will and a living trust. Without these legal documents that provide clear direction on how our assets, property, and money should be distributed (and to whom) after we die, your estate can be left vulnerable for the courts to decide, which can take years and drain the estate in the process.
Bob chats with Estate and Trust Attorney Nicholas Van Brunt about living trusts and what happens to our assets if we don’t have one. He shares some of the scary facts that can occur to your assets if critical estate planning isn’t prepared.
Nicholas J. Van Brunt is a partner in the Business Trial Practice Group and is the Team Leader of Sheppard Mullin’s Private Wealth Services Team. Nicholas focuses his practice on resolving disputes over trusts, estates, conservatorships, and other fiduciary matters. He is a respected member of the Los Angeles legal community and is known as a pragmatic and effective litigator who seeks to achieve favorable results for his clients. @SheppardMullin