Trust Planning

Trusts often form the foundation of a sound financial plan because they help minimize transfer taxes between generations. Trusts also serve a number of other practical purposes, such as providing income to beneficiaries or safeguarding assets until grandchildren come of age.

Leveraging a team of specialists, we can help you incorporate one or more trusts into your wealth management plan. As part of our comprehensive trust capabilities, we offer access to:

Revocable and Irrevocable Personal Trusts

Revocable personal trusts are established during your lifetime. They hold asset and, once you are gone, allow your heirs to avoice the time delays and expenses associated with settling your estate through probate. In addition, a personal trust offers a more private alternative to a will, which may become public record.

At your discretion, you may change the terms of a revocable personal trust or add or withdraw assets. Upon your death, however, the trust becomes irrevocable and can no longer be changed in any meaningful way. We can assist you in creating an irrevocable personal trust for you while you are living. Whether established before or upon death, an irrevocable trust helps control and transfer assets and reduce estate tax.

Irrevocable Life Insurance Trusts

This type of trust holds your life insurance and effectively removes the death benefit from taxation, lowering your estate taxes. You may make annual gifts to the trust to pay the insurance premiums – usually up to $11,000 – without being subject to any estate or gift tax.  This information is not intended to be a substitute for specific individualized tax advice.  We suggest that you discuss your specific tax issues with a qualified tax advisor.

Charitable Reminder Trusts

This trust uses the assets it holds to pay a specified annual income to you or your beneficiaries, over a set number of years or lifetime. Once the payout term has ended, any remaining assets in the trust pass to the charitable organization of your choice. You can take a tax deduction today for the amount likely to go to charity in the future.

Charitable remainder trusts are especially beneficial if you own a large portion of a low-cost-basis stock. By transferring ownership of the stock to the trust, you can sell the shares, both diversifying your holdings and deferring tax on the capital gain.  This information is not intended to be a substitute for specific individualized tax advice.  We suggest that you discuss your specific tax issues with a qualified tax advisor.

Trustee Services

Beyond helping you establish your trust, we can help you designate successor trustees. A successor trustee steps in and assumes responsibility should an originally named trustee, whether that is your or someone else, become incapacitated or die.

We can also assist you in arranging for a corporate trustee. A corporate trustee is a team of experienced professionals, regulated by the government, with expertise in fiduciary law, estate taxes, trust accounting and other specialized areas. Unlike a relative, friend or business associate, a corporate trustee manages your trust unemotionally and for as long as necessary, either during your lifetime or beyond.

Whatever approach meets your needs, banking law and trustee integrity ensures compliance with family instructions and changing tax laws as well as providing accurate record keeping.


LPL Financial LLC representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial LLC.

CLICK HERE to read more about the Private Trust Company

No information provided on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under securities laws of such jurisdiction. Registered Representatives of LPL Financial disclosed on this site may only discuss securities or transact business with persons who are residents of the following states: AZ, CA, CO, HI, IL, IN, MN, MS, NC, NY, OH, SC, TX, & WA

Daniel Romero, Melissa Levin and Greg Levin are Registered Representatives with and offer Securities, financial planning & fee based asset management through LPL Financial LLC a Registered Investment Advisor and Member FINRA/SIPC. Daniel’s CA Insurance Lic #:OC54180 - Melissa’s CA Insurance Lic #:0C56086 - Greg’s CA Insurance Lic #:0F08519

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ Practitioner, which it awards to individuals who successfully complete initial and ongoing certification requirements.