Estate planning is incredibly important for you and the future of your family. When you get ready to start your planning, the value of Orange County estate planning attorneys should not be overlooked. Estate planning attorneys are great resources when it comes to making a the appropriate choices with regard to the estate planning tools that best suit your needs and the needs of your family.What services can Orange County estate planning attorneys provide?Estate planning attorneys are … [Read more...]
Trusts for Privacy
Trusts have many uses. Perhaps the most important is that they can provide privacy at death. Garry Shandling is thought to have used a trust to provide privacy for those he left behind.Trusts for Privacy … [Read more...]
Planning to Avoid Too Much SALT
The new tax law brought a cap of $10,000 on federal deduction for state and local taxes. People are trying different ways to get around the cap. Some of the ways work and others could land you in hot water. Read the article to find out more.Planning to Avoid Too Much SALT … [Read more...]
Living Trusts: True or False?
A living trust is a particularly useful estate planning tool and should be included in every estate plan. However, before you take that step, there are a few common myths regarding living trusts of which you should be aware. This article will debunk a few of the most common myths. For a complete understanding of how this estate planning tool can benefit you, discuss your options with your Los Angeles trust attorneys.Do I have to give up control of my property when creating a living … [Read more...]
Los Angeles Property Listed as the Most Expensive in the Area
Expensive real estate in Los Angeles is not uncommon, but you may not have heard about the most expensive real estate to ever be placed on the market in Beverly Hills. Known as “The Mountain,” this 157-acre piece of real estate was listed at $1 billion, according to an article in the Los Angeles Times. If you owned this type of valuable real estate or any other assets of high value, you need to consider legacy wealth planning.Sitting at the highest point in the 90210 zip codeThe Mountain, as … [Read more...]
Estate Planning: It’s Not Just About the Estate Taxes
The recent tax law temporarily doubled the estate tax exemption. That doesn’t mean there’s no need for estate planning. Estate plans consider many important aspects, not just estate taxes. This article examines some of the many considerations besides estate taxes.Estate Planning: It’s Not Just About the Estate Taxes … [Read more...]
Planning for Frequent Flyer Miles
This article examines the transfer of frequent flyer mile accounts to beneficiaries. It looks at Anthony Bourdain’s will and its disposition of his miles. The article points out that these are contractual rights and you may or may not be able to transfer them at death.Planning for Frequent Flyer Miles … [Read more...]
You Never Know: Planning for the Unexpected
This article examines the deaths of two people who died from doing very typical things. You never know what risks might be around the corner, even in seemingly safe endeavors, so you should be prepared. The article looks at the elements of a basic plan.You Never Know: Planning for the Unexpected … [Read more...]
Incapacity Planning
Nobody wants incapacity, not for yourself and not for your loved ones. But planning for that possibility can avoid complications and increase options. The article discusses the elements of incapacity planning and the need for flexibility to do Medicaid planning. It discusses how a trust with Medicaid triggers can allow that.Incapacity Planning … [Read more...]
Three Tips for Avoiding Estate Litigation
Estate litigation can present a challenge for many different reasons. Not every disagreement will necessarily lead to estate litigation, but there are some issues that are more likely to bring people to court than others. Whether you are facing litigation initiated by someone else or you are considering filing a lawsuit yourself, our Orange County trust and estate litigation attorneys are here to help. But, if you want to avoid estate litigation, here are three tips that may help you in that … [Read more...]
