Do I Really Need a Trust? The Three Types of Californians Who Benefit Most

Many Californians believe trusts are only for the wealthy. In reality, a Revocable Living Trust is one of the most important planning tools available, especially in California, where probate is expensive, time-consuming, and public.

Below are the three groups who benefit most from having a trust.

1. California Homeowners

Under Probate Code §13100, estates exceeding $184,500 may require probate. Because most California homes exceed that amount, even modest homeowners risk their estate going through probate.

Probate can:

• Take 12–24 months
• Be costly, because attorney fees are based on the home’s gross value
• Be fully public

A properly funded trust allows your home to transfer smoothly without court involvement.

2. Parents of Minor Children

Without a trust, children receive their inheritance outright at age 18. A trust allows you to:

• Nominate guardians
• Prevent court-supervised blocked accounts
• Delay or structure distributions (ages 25, 30, etc.)
• Ensure funds are used only for support, education, and health

3. Families With Loved Ones Who Have Disabilities

A trust can incorporate a Special Needs Trust that:

• Protects Medi-Cal, SSI, and IHSS eligibility
• Provides lifetime financial management
• Helps future caregivers understand your wishes
• Coordinates with long-term benefits planning

The Bottom Line

Trusts are not only for the wealthy. They are for anyone who:

• Owns a home
• Has minor children
• Has a loved one with a disability
• Wants to avoid the cost and delay of probate
• Values privacy and control

A well-drafted trust brings peace of mind and clear direction for your family.