Archive for July 2020
What You Need to Know About Mental Health and Healthcare Directives
Comprehensive healthcare directives, which are an essential part of your estate plan, include: The older we get the more health issues are likely to occur, and without the proper legal documentation, we might not get the care we need. One area our estate attorneys in Orange County don’t believe is discussed enough, however, is mental…
Read MoreWhat’s the Difference Between a Revocable and an Irrevocable Trust?
If you were to search the word “trusts” in your internet browser right now, you would find what we call the alphabet soup of trusts: a list of acronyms representing a number of trusts that might be helpful to you. But what do they mean? Which one works best to protect your family and their…
Read MoreThree Options for When You Inherit Your Parent’s House
Typically, adult children have three options when they inherit a house from their parents: they can move in, sell, or rent it out. If you and/or your siblings inherit your parent’s house and don’t really know what to do, we’d suggest contacting an estate planning attorney to determine which of the following solutions is right…
Read MoreMillennials: Don’t Overlook the Need for Early Estate Planning!
Are you in your twenties or thirties? You’ve probably heard about the importance of Wills and Trusts by now, but you may feel like you’re still too young or just don’t have enough assets to warrant any estate planning yet. As a trust attorney, I can tell you that it’s a huge mistake thinking that…
Read MoreDoes a Power of Attorney Ever Expire?
A Durable Power of Attorney is one of the essential legal documents that should be a part of everyone’s estate planning in order to best prepare for when life happens. Outside of how to create one, we often get asked the question of whether a Power of Attorney ever expires. Watch this short video to…
Read MoreSafe Places to Store Your Original Estate Planning Documents
Have you recently completed your estate plan with a will and trust lawyer? Congratulations! The hardest part is done. While you work to tie up any loose ends or “fund” your trust if necessary, now is also the time to give serious thought as to where you will store your original estate planning documents. Remember,…
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