The estate planning practice of Attorney Bustillos includes the preparation of trusts and wills. Attorney Bustillos also fights in court to defend or set aside trusts and wills. Attorney Bustillos has broad experience in administering trusts and wills.
Revocable Living Trusts, including A-B-C provisions
Charitable Remainder and Charitable Lead Trusts
Irrevocable Trusts, including Irrevocable Life Insurance Trusts
Anatomical Gifts, Directives to Physician (also known as "Living Wills")
Powers of Attorney, Powers of Appointment and Pre-Nuptial Agreements
Probate
Attorney and Counselor At Law
Attorney Bustillos was retained by a client to prepare an estate plan for a $2.7 million dollar estate. The client died 4 months after the first meeting.
None of the estate went through probate. However, if her estate had gone through probate, the probate fees would have been $40,000. The law firm was paid $4,500 in fees to administer the trust after her death, so the estate saved $35,000 in probate fees.
Without estate planning, the federal estate tax on $2.7 million would have been $902,000. Our client did not have to pay a single dollar in estate taxes.
Instead of just splitting that $2.7 million among 40 friends and family members, through the estate planning performed by Attorney Bustillos, our client will be distributing $15 million dollars among those 40 friends and family members.
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