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You know that old aphorism-- only 2 things are certain in life: death and taxes. Well, it's true, and the two are more involved with each other than we 'd like to think. When you finally pass on, your possessions will belong to the state for them to parcel out and profit off as they like ... unless you make plans beforehand. That's why a will is so important, particularly when you have kids whom you want to make sure will be looked after. Your household will value that you've taken the time to develop a will and trust so that the final decisions do not tear apart the family and family members. This is important for anybody to do at any age just since nobody knows when they could pass away.  [http://www.salvolaw.com/Wills/Living-Trusts.shtml revocable living trust california]  When it comes to preparing up a legal document like a trust or a will, nobody is more matched for the task than an estate planning attorney, and no attorneys are more experienced in that industry than Los Angeles attorneys. Estate planning is a routine part of the job in such a city with so many affluent households, and nobody would blame you for going to an L.A. lawyer to make certain that your children and the property that is rightfully theirs are cared for when you're gone.  [http://www.salvolaw.com/Wills/Living-Trusts.shtml living trust lawyer]   [http://www.salvolaw.com/Wills/Living-Trusts.shtml living revocable trust]   [http://www.salvolaw.com/Estate-Planning/ los angeles estate planning attorney]  Of course, until your children are ready to inherit your wealth you'll want the money looked after. It isn't exactly a great idea to give a nine-year-old a million dollars, in spite of what film and movies often say. That's why you see to it to set up a living trust. Attorneys can help explain to you how it works in greater detail, but basically, a living trust attorney will set up a fund that will then be protected by someone you depend on ( hence: trustee) until your child or children are of age. That trustee may even be your attorney! This should be handled as soon as possible so that if something regrettable were to occur your kids are given the cash you want them to have at the appropriate time in their lives. Many times you can set everything up so that your son or daughter gets a lump sum of money each year after they turn a certain age. For instance, you could have it so that once your child turns 18 they receive $5,000 and each year after they receive even more of it until the trust is exhausted. This is a terrific way to assist your children out even after you've passed on. A living trust is especially vital when your child has special needs. In fact, there are specific types of living trusts called a special needs trust. They're made to help your children support themselves through the aid of a trustee long after you're gone. Your kid may not be up to the task of handling their wealth themselves, you see; hence, their special needs trust lawyers might help them handle their cash for their own benefit after you've passed on. The idea of leaving your kids young and alone is painful; when those children have special needs, it needs to be definitely heart breaking. Unfortunately, we can't always choose when its time for us to pass on, and you need to do everything in your power to make certain that your children are looked after when that occurs.