Samra Nelson

President at Living Trust Educators

Craig Nelson

Founder, President at Living Trust Educators

Every week we’re asked the exact same question; “Why do I need to spend money for a Living Trust, when we can simply create a Will?”   It’s a great question, but the answer may shock you – “A Will by definition, is simply instructions to the Probate Court Judge!”  If we’re trying to avoid all of the problems associated with our family going through the Probate Courts, then a traditional “Will”, alone, is utterly insufficient!  As a matter of fact, it puts our family directly into Probate Court!

Probate is an ugly court proceeding.  Children and other family members often battle it out in court, where a judge will ultimately decide who gets what, whether you like it or not! Probate also takes a serious amount of time.  It can take your family three to five years to get through. It’s a Public Forum, literally inviting false creditors, and whoever might want to make a claim against your assets, to do so, prior to your children or other loved ones receiving their inheritance.  Say you had plumbing work done on your home prior to your passing away.  That contractor can present a “false invoice” in your probate, claiming the $6,000 you paid was only a portion of the final invoice.  So, how does the probate court judge know if the invoice is valid or false?  They don’t know!  The judge must assign a “special investigator” to review every claim made, which can add 12 to 24 months to probate, as well as a significant additional cost for the investigation of each and every claim!  Probate Court can also be very expensive, with the average cost in California ranging between $40,000 and $70,000, or 8 to 10 percent of your “gross” assets, not your net worth, taken from your estate, prior to your loved ones receiving their inheritance!

Many parents have told us that one of their biggest fears is who will raise their children, if they pass away early.  Interestingly, one area a Living Trust does not protect your family is with naming a “Guardian for Minor Children”.  That is done only in a Will, not a Trust.

Book Appointment
with Craig and Samra

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CU PLAN, with “Living Trust Educators”, is a Legal Document Assistance Corporation, working in partnership with expert “Trust Attorneys” with 100’s of years of combined experience.  We’re Bonded, Registered, and Certified to prepare Legal Documents throughout the State. LDA #287-O.C. CU PLAN also teaches extremely important inheritance planning strategies to pass wealth to your family, while reducing the tax exposure they face when you’re gone!

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Mr. Delumen’s experience with asset protection benefits all of our members, regardless of your income level or the amount you have saved in one of our accounts. If you have concerns regarding your assets and the measures you can take to protect them, he is here to answer your questions and offer guidance to ensure the security of what you have accrued.

Tony Delumen, CLTC

Financial Services Professional
MassMutual Northern California
CA Insurance Lic. #0D47382
CRN202606-4497560

Book Appointment with Tony Delumen

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Neither MassMutual Northern California nor Tony Delumen are authorized to provide legal advice or services. Consult qualified legal counsel for such advice.

NOT NCUA-INSURED * NOT A CREDIT UNION DEPOSIT OR OBLIGATION * NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY * NOT A CREDIT UNION GUARANTEED * MAY GO DOWN IN VALUE

Tony Delumen is a registered representative of and offers securities and investment advisory services through MML Investors Services, LLC. Member SIPC (www.SIPC.org). OSJ Office: 6701 Koll Center Parkway, Suite 140, Pleasanton, CA 94566, (925) 979-2300. CA insurance Lic. # OD47382. Domiciled in CA. Local firms are sales offices of Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001 and are not subsidiaries of MassMutual or its affiliated companies.

I am licensed to sell Insurance products in AR, AK, AZ, CA, CO, FL, GA, IA, ID, IL, KS, KY, MA, MI, NC, ND, NV, NY, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV. I am licensed to sell Securities products in AR, AZ, CA, CO, FL, GA, HI, IA, ID, IL, KY, MA, MN, MT, NC, ND, NE, NH, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.

Kaiperm Credit Union receives compensation from MML Investors Services (MMLIS) and its affiliates for referring clients to MMLIS and its representatives. MMLIS’s affiliates include Massachusetts Mutual Life Insurance Company (MassMutual), MML Bay State Life Insurance Company (MML Bay State), C.M. Life Insurance Company (CM Life) and MML Insurance Agency, LLC (MMLIA). As a result, Kaiperm Credit Union has an incentive to refer clients to MMLIS and its representatives.

For the products and services offered through MMLIS, Kaiperm Credit Union will receive 17.5% of the dealer concessions, commissions and advisory fees received by MMLIS. For products offered through MMLIA, Kaiperm Credit Union will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative. For all products offered by MassMutual, MML Bay State and CM Life, Kaiperm Credit Union will receive a percentage (which will be determined at the time of purchase) of the compensation paid to the MMLIS representative.

Kaiperm Credit Union is not a subsidiary of or affiliate of MML Investors Services, LLC or its affiliated companies. Kaiperm Credit Union is not a current client of MMLIS.

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