Division of Trusts and Divorce in Santa Maria

Santa Maria & San Luis Obispo Divorce Attorney

At the Law Offices of R. Morgan Holland, we understand how emotionally stressful, confusing and frustrating a divorce can be for anyone. For this reason, we aim to provide each and every one of our clients with straightforward, cost-effective legal solutions designed to fit their needs. In the whirlwind stress of a divorce it’s easy to forget to address your estate plan during your divorce. Trust funds are a more complex area of asset division. If you and your partner have considered getting a divorce, our Santa Maria divorce attorney can help you evaluate your trusts through the divorce process.

What Sets Us Apart?

Our San Luis Obispo family law attorney is deeply invested in providing customized, results-driven legal strategies for each of his clients. With 30+ years of legal experience, our attorney has handled thousands of divorce and family law cases successfully. Take a look at what our past clients had to say about our excellent legal services.

What happens to my trust after my divorce?

Usually, trusts are established by a parent or grandparent for a child or grandchild to become beneficiary of their assets once that member has passed away. Depending on the circumstances under which the trust was created, the courts could consider it marital property in your divorce. When the courts consider a trust marital property, it becomes subject to division. In order to determine if the trust is eligible for division, the courts will examine several factors regarding the creation of the trust.

The courts will examine:

Who created the trust
When was the trust established
How was trust is funded
What kind of trust it is

Contact the Law Offices of R. Morgan Holland for a thorough case analysis.

Commonly Asked Questions

How can a divorce attorney in Santa Maria assist with trust fund considerations during a divorce?

A divorce attorney in Santa Maria can provide invaluable assistance when it comes to evaluating trust funds during a divorce. They can help you understand the legal implications of your trust and how it may be affected by the divorce proceedings. By examining the creation, funding, and type of trust, an attorney can determine if it is considered marital property and subject to division. Their guidance ensures that you navigate the complexities of trust division with a clear strategy tailored to protect your interests.

What factors do courts in Santa Maria consider when determining if a trust is subject to division in a divorce?

Courts in Santa Maria will look at several key factors to decide if a trust is subject to division during a divorce. These include who created the trust, when it was established, how it was funded, and the type of trust it is. These details are crucial in determining whether the trust is deemed marital property and thus eligible for division between the divorcing parties. An experienced family law attorney can help you understand these factors and how they apply to your specific situation.

Why should I choose the Law Offices of R. Morgan Holland for my divorce proceedings in San Luis Obispo?

Choosing the Law Offices of R. Morgan Holland for your divorce proceedings in San Luis Obispo means you'll be working with a team that offers over 30 years of legal experience and a track record of successful case handling. They are committed to providing personalized, effective legal strategies and have received positive testimonials from past clients. Their deep investment in your case and customized approach to legal solutions make them a compelling choice for anyone going through a divorce.

How does the experience of a family law attorney contribute to the success of divorce cases in San Luis Obispo?

The experience of a family law attorney is critical in navigating the complexities of divorce cases in San Luis Obispo. With over three decades of legal practice, an experienced attorney brings a wealth of knowledge and a nuanced understanding of family law. This allows them to handle a wide range of issues effectively, from asset division to trust evaluation. Their seasoned approach can lead to more favorable outcomes and a smoother legal process for their clients.

Don’t Risk Your Financial Stability

If you and your spouse are thinking of divorce you should contact a skilled Santa Maria divorce lawyer from the Law Offices of R. Morgan Holland, L.C. The division of trusts is very complex and should not be handled alone. By enlisting the support of our trusted family law attorney, you can have a qualified individual ensuring your financial stability.

Contact the Law Offices of R. Morgan Holland for a thorough case analysis.

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