Two of the most uncomfortable topics for almost any family to discuss are money and death. As a result, conversations about estate planning often don’t happen until it’s too late. As an Orange County estate planning attorney, I realize that there is never an easy time to bring up such sensitive topics, but the sooner […]
Archives for April 2020
Beware of This Common Mistake When Refinancing Your Home
Here’s a question we heard recently: “We’re about to finalize a re-finance given the current rates and I’m wondering whether the mortgage go under the trust or just the house (which is already done)?” Great question and I’m glad you asked. This can be a confusing area and one that unfortunately can have dire consequences […]
COVID Pandemic Preparation: 5 Estate Planning Essentials for Every Adult
With the number of COVID-19 cases in America increasing exponentially, people across the country are preparing themselves for every possible scenario. As a result, many estate planning attorneys are being inundated with calls and emails about how to plan for this type of pandemic. While the following five tools are essential for estate planning at […]
Should You Leave a Life Insurance Policy Outright to a Spouse?
Wondering if you should leave a life insurance policy outright to a spouse? Naming a legal beneficiary is necessary for life insurance, annuities, qualified retirement plans, individual retirement accounts, and some bank accounts. Ideally, these assets will be paid directly to whoever you have selected as your beneficiary in the event you passed away. The […]
The Difference Between a Will and a Living Trust in California
We get asked this question quit frequently and for good reason. The law can be confusing and the law is different in many states. In addition, the experiences your friends, family, or neighbors have had in the past might be the product of older laws or legal planning strategies that are no longer good or […]
Don’t Forget to Plan for Incapacity!
As an Orange County estate planning lawyer, I often find that people associate the phrase “estate planning” with the task of making final plans and ensuring that loved ones are provided for after death. While we all want to make sure that our families are taken care of when we’re no longer with them, planning […]
Irvine Will and Trust Lawyer: 5 Essentials of Estate Planning
Estate planning isn’t just for older people, couples with children, or individuals with a lot of financial wealth. Single people, young adults, and those with a modest income can also benefit from estate planning. As an Irvine will and trust lawyer, I believe there are five essential items that should be considered by every adult, […]