Law Offices of Randall D. Armour

03/19/2022

We’re moving!
Our new address is
25600 Rye Canyon Road,
Suite 201, Valencia CA 91355
Our Ph # is still the same:
661-259-0003

09/24/2020

Randall D. Armour, Esq.

A lifelong resident of Southern California, Mr. Armour graduated from William S. Hart High School in Newhall, California in 1976. He received a Bachelor of Arts degree in Philosophy from the University of Southern California and a Juris Doctor (Doctor of Law) degree from Loyola Law School. Mr. Armour is a member of the Trust & Estates Section of the Los Angeles County Bar Association as well as the Estate Planning, Trust and Probate Law Section of the California State Bar. Mr. Armour resides in Santa Clarita with his wife and three children.

04/21/2020

Components Of A Basic Living Trust Package

In previous articles I have discussed the many advantages of using Living Trusts as an estate planning tool. If a Living Trust is used, there are additional documents that, if properly coordinated with the trust, will help insure that your estate plan will work properly. Unfortunately, I find that many people who have Living Trusts are missing one or more of these important documents with the result that their estate planning goals will not be completely satisfied.

• “Pourover” Will – A will can be used to transfer assets into the trust after the death of the owner if the assets were not transferred to the trust during the owner’s life. Unfortunately, probate may be required to transfer assets into the trust using the will.

• Comprehensive Transfer Document – A statement of your intent that all of your assets (not just personal property) are owned by the trust. This is a very important document based on a 1993 California case that may allow the transfer of assets into the trust after the owner’s death without the need for probate. I find that very few trust packages that I review include this document.

• Schedule of Assets – A listing of all assets included in the trust. A properly drafted schedule can include all of your assets without listing them individually. This document can also be used to transfer assets into the trust without probate.

• Bill of Sale – Used to transfer personal tangible property into the trust. Generally used to transfer items such as jewelry, furnishings and other household goods.

• Durable Power of Attorney for Financial Matters – This document authorizes an agent to act on your behalf to manage your finances. This can be very useful if you become incapacitated and all assets have not been transferred into the trust.

• Advance Health Care Directive – A statement of your desires regarding end-of-life and other medical decisions and names an agent to make healthcare decisions for you if you are unable to make those decisions for yourself.

• Community Property Agreement – Allows a surviving spouse to receive a full step-up in tax basis for appreciated property upon the death of one spouse. This may result in a substantial tax savings for the surviving spouse upon the sale of certain assets. Your specific situation must be analyzed to determine if this document is appropriate for you.

There are several other documents that should be considered when drafting your estate plan. It is extremely important that your estate plan is drafted only after a personal consultation with an attorney so that the plan can be customized according to your specific needs and desires.

04/17/2020

03/25/2020

Our office location has temporarily moved to our home office. We are still up and running via teleconference or phone calls. Stay healthy everyone!

12/18/2019

Estate Planning Seminar @ Le Chene French Cuisine includes complimentary 3 course meal and important Estate Planning information. Valuable information on Trusts, Wills, Powers of Attorney, Health Care Directives, Probate, Trust Administration and much much more. For peace of mind, know your options. Seats available. CALL NOW to reserve your seat at 800-769-2172 or 661-259-0003

Thursday December 19th @ 6pm

05/09/2019

Estate planning Seminar. Complimentary dinner, important information on trusts, wills, probate, trust administration, taxes and much, much more. Plan now and keep your family out of court. Tuesday May 28 @ 6pm or Wednesday May 29 @ 6pm. Call our office now to reserve your seat at 661-259-0003. SPACE IS LIMITED, SO CALL NOW!

03/13/2018

Estate Planning Seminars @ Le Chene French Cuisine includes complimentary 3 course meal and important Estate Planning information. Valuable information on Trusts, Wills, Powers of Attorney, Health Care Directives, Probate, Trust Administration and much much more. For peace of mind, know your options. Seats available. CALL NOW to reserve your seat at 800-769-2172
Two days to choose from:
Tuesday March 20 @ 6pm
Thursday March 22 @ 6pm

10/26/2017

Estate Planning Seminars today and Saturday at Salt Creek Grille Valencia. Seats still available on Saturday, October 28, 2017 @ 12:00 pm. Call now to reserve a seat before it fills up!

Important information on trusts vs wills, tax issues regarding titling of your real property, the importance of a health care directive and much much more! Don't wait. CALL our office NOW to reserve your seat @ 661-259-0003 or our reservation number @ 800-769-2172 and start planning today.

10/26/2017

Call NOW to reserve your seats!
1-800-769-2172