Prop 19 & Natural Disaster Victims
Prop 19: Seniors & Disaster Victims
Talking All Things Armenia on Small Biz Cast with Joel Volk
Prop 19 & How Our Office Can Help
Prop 19 & Investment Properties
Prop 19 & the Transfer of a Non-Residential Property
Estate Planning & Prop 19 Property Taxes
Certified Specialist in Trusts and Estates
Certified Specialist By the State Bar
A Jack of All Trades Is a Master of None
Choose the Attorney with More Experience
Will Your Attorney Administer Your Trust?
How to Administer a Trust?
What comes to mind when you hear the word “trustee”? 🤔
If you’re a trustee, you’ve been entrusted with a great responsibility and you don’t have to go through it alone.
As a trustee, you will administer the trust and distribute assets and properties to heirs and beneficiaries listed in the trust. With the help of a trust administration attorney, you can knock down the process step by step, from the gathering stage to asset distribution.
This is a lengthy process and requires attention and knowledge of the legal world.
At Bazikyan Law Group, trust administration goes through a few steps, which we’ve simplified in our September article that you may read by clicking the link below. We can help administer your trust so you can do your part in ease and comfort.
Ready to get started❓ Schedule your FREE consultation today!
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
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#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #trustattorney #trustadministration #trusteetips
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Disclaimer : This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
The Distribution Phase
We call the final phase of trust administration the “distribution phase.” When all is done, the beneficiaries and heirs can finally get what’s theirs in this last step of the process.
✅Pro tip: Make sure your attorney is a trust administration attorney if you’re a trustee who needs expert help.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #trustattorney #trustadministration #trusteetips
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
The 3rd Step to Trust Administration
A trust attorney will guide a trustee through all the legal requirements. After the initial steps, the attorney will guide a trustee through the third step which may involve subdivisions to the trust.
🔹Click the link in bio to learn about these subdivisions and how an attorney can help.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #trustattorney #trustadministration #trusteetips
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
The Info Gathering Phase
In the information gathering phase, a trustee will need to gather documents and material such as bills and a death certificate (among many other documents) to get the process started.
It’s difficult to accomplish this alone as you will need the help of a trust attorney who knows the ins and outs of this process and how to help you best.
🔹Link to full video in bio!
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #trustattorney #trustadministration #trusteetips
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Disclaimer : This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
The Administration Process
Setting up a trust does not mean the process is finished. The trust still needs to go through the administration process which involves various steps that the trustee will need to go through.
Wondering what these steps are? Click the link in bio to read about the trust administration process.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #trustattorney #trustadministration #trusteetips
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Disclaimer: This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Not having a back-up beneficiary on your life insurance
Not having a back-up beneficiary on your life insurance is another very common life insurance mistake I’ve seen people make. Make sure you have a contingent beneficiary on your life insurance policy to act as your beneficiary’s back-up. Then you will have a well-planned policy!
Link to full video in bio!
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #lifeinsurance
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Disclaimer : This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
4 Common Life Insurance Mistakes
Have you made any of these common life insurance mistakes yet? These are the top 4 life insurance mistakes I see my clients make when I help them with their estate plan. The number one mistake is like handing a brand-new S-class Mercedes Benz to your teenager. Do you see how this can be problematic in so many ways? Watch the video and check out this month’s blog to learn what the other mistakes are.
P.S: We are not a life-insurance group. Our law firm is specialized in trust administration, wills, and probate. For questions related to your life insurance, contact your life insurance carrier.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #lifeinsurance
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Clear and Concise Beneficiary Name
Make sure that the beneficiary name is written correctly on your life insurance to avoid problems in the future when it comes time for your beneficiary to inherit your life insurance sum.
Link to full video in bio!
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #lifeinsurance
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Revisit Your Life Insurance Policy
It’s important to revisit your life insurance policy every 3 years because of the changes that occur in life. This is what I recommend my clients to do so that they can avoid facing problems in the future.
You can learn more about how to avoid this mistake by reading this month’s blog (link in bio)
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #lifeinsurance
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Naming a Minor as a Beneficiary
Anytime that you name a minor as a beneficiary of your life insurance, they’re going to be handed a sum of money when they turn 18. This can be problematic for many reasons, including that of the minor being inexperienced in finance handling.
Read this month’s blog to learn how you can avoid this common life insurance mistake! (link in bio)
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #lifeinsurance
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Disclaimer: This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
What to Do When a Loved One Dies With a Pour-Over Will and Living Trust
One lifetime decision can save you and your loved ones thousands of dollars simply by dodging the probate court! You can do this by creating a living trust. Think of a trust as a basket in your control. You chose what goes in this basket and what stays out. As long as you’re alive, the basket is in your hands until it’s passed down to an appointed trustee. This is the power of a living trust that a will on its own doesn’t accomplish.
Click on the link to read our full blog : https://bit.ly/38iCwz3
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205 (818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement
You Need Both a Will and a Trust For Maximum Benefits
It’s not one or the other. You need both a will and a trust as one completes the other. A will alone does not cut it in California, so most people make the smart decision of getting their trust to avoid probate.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #kourtneykardashian #scottdisick
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Avoid Probate!
Even Jay-Z wants to avoid probate, believe me! Probate is public, expensive, and time consuming. It can be avoided if you’ve done your estate planning. An investment now will save you and your loved ones thousands in the future.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer
~~
Disclaimer : This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
Your Living Trust is Your Family Basket
Your trust is your basket and what you own is what you include in there, that includes any business interest and entities, secured in a trust.
What happens if you forgot to include something in your trust?
Read this month’s blog to find out.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer #kourtneykardashian #scottdisick
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Disclaimer :This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.
A Trustee Is Next In Line
A trustee is the next person who will be holding your family basket upon your request when you craft your estate plan. Your legacy can be passed down to anyone of your choice when you have an estate plan in place.
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Armine Bazikyan, Esq.
Bazikyan Law Group
111 E. Broadway, Suite 210,
Glendale, CA 91205
(818) 649-9110
www.bazikyanlaw.com
~~
#BazikyanLaw #estateplan #lifeofmom #trustattorney #glendale #burbank #shermanoaks #losangeleslawyers #superlawyers #lawersofinstagram #willsandtrusts #estateplanninglawyer
~~
Disclaimer : This post is a legal advertisement, and any comments provided do not create an attorney-client relationship. This is an attorney advertisement.