Eric Campbell T.
Trustee True Trust Services
- Role
- Trust Officer-real Estate Planning at True Trust Services
- Location
- San Diego County, CA, US
- LinkedIn followers
- 500 followers
About Eric Campbell T.
WHAT IS A TRUST? To state it in the simplest terms,\"A trust is a right of property…
Experience
Trust Officer-real Estate Planning
Mar 2011 — Present · San Diego, CA, US
There are many types of trusts designed for a variety of purposes. The Family Living Revocable Trust is generally the trust created by almost all attorneys. WHAT IS A FAMILY LIVING REVOCABLE TRUST? Many similar titles are used to mean the same type of trust. Some of these are: 1.Revocable Trust, usually meaning exactly the same as: 2.Family Trust. or 3.Living Trust.(\"intervivos\" in Latin) or 4.Revocable Trust. or 5.Living Revocable Trust. or 6.Revocable Living Trust. or 7.Living Revocable Family Trust (or a combination of the same words in different order)A trust is better than a will. A will is basically a guide for a judge to make his determinations. Wills are often disputed and must be expensively supervised by the court. PRIVATE ASSET PROTECTION A Private Asset Trust is far better than a typical family trust. It has all the benefits of the simple trust, with additional benefits. The proper design and language of a trust can provide complete asset protection, as well as other options. Certain rules and proper legal language must be contained in the trust to provide management, protection, and privacy. Flexibility can also be included within the trust, although care must be taken to restrict flexibility that could eliminate benefits. There are ways for a Private Asset Trust to provide privacy and protect seniors, minors, disabled persons, education, structured allowances, pet care, immature individuals, medical care, convalescent care, retirement, lawsuit avoidance, investing, business management, spending, distributions, stock ownership, bank accounts, vehicles, collectables, charities, and most any other conceivable asset. You can provide for (or protect against) family members, ex-family members, friends, second families, or your favorite charity. A trust can protect assets from divorces, family disputes, and members of the family kept from being a beneficiary.
Education
Hartnell College
General
1989 — 1990
University of San Diego
Legal Assistant/Paralegal
2018 — 2019
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- Team Leadership
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- Management
- Team Building
- Strategy
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