There are many benefits to creating a Revocable Living Trust as part of your estate plan, such as the ability to avoid probate and put a quick end to the estate administration process. However, creating a Revocable Living Trust will not automatically accomplish your goals and you may ask what property can be placed in […]
Trust Administration
I’ve Been Named as Someone’s Successor Trustee. Can I Turn Down the Job?
As part of the estate planning process, Irvine trust lawyers will always encourage clients to have open conversations with the person they intend to appoint as their Successor Trustee to ensure that they actually want the job if called upon. There are many responsibilities that someone’s successor trustee may be asked to handle (dealing with […]
Tips for Talking to Loved Ones About Estate Planning
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 […]
Elder Exploitation and the Top 10 Scams Impacting Seniors
Elder exploitation can be described as the act of treating seniors and adults unfairly in order to benefit from them or take advantage of them. It is one of the fastest growing forms of elder abuse in America. The National Council on Aging shares that “approximately 1 in 10 Americans aged 60+, have experienced some […]
Does a New President Mean a New Estate Plan?
The inauguration of President Donald Trump has come and gone and a new administration begins. But what does it mean for you in regards to your estate plan and protecting what matters most? A frequent topic of conversation throughout the election was tax reform, specifically the repeal of the estate tax and how income and […]
What You Need to Know About Your Safe Deposit Box Before It’s Too Late
Do you know how to access a safe deposit box after the death of a loved one? Never fear, you are not alone if you don’t know the answer. While safe deposit boxes are commonly used to protect valuable items and important documents (such as a insurance policies, a will, or a trust), it is […]