Keeping Orange County informed on the latest and greatest information on estate planning & elder law.
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Action Items Before You Go On Vacation Spring Break is just around the corner, and for those of you who are fortunate to be getting away, make sure you've completed these essential action items -
Checking On Your Elders in Newport Beach This Holiday Season Pay close attention to your aging parents on a holiday visit this year. Does the normally tidy house now seem neglected? Is there hoarding? Do you notice memory -
A Collection of Estate Planning Articles for Newport Beach, California Families With all the noise these days about taxing the rich and the future of the federal estate tax, the message that ordinary folks also need to plan, to protect -
Importance of Special Needs Planning For Families in Newport Beach, California They navigate a confounding thicket of tasks and rules. On one side, there is the bureaucracy that government program administrators may erect at any moment. -
Romney’s Savvy Estate Plan, a Model for Wealth Transfer Romney’s vehicle is known as an “intentionally defective grantor trust” or by the acronym IDGT -- hence the nickname: “I Dig It.” Such trusts permit donors to -
What to Do About Family “Freeloaders” Lots of families have one: a family freeloader. The adult child who still gets money from parents each month to make it... What brings this to a crisis point is -
Should You DIY Your Own Living Trust? The trouble with do-it-yourself planning is that even if your situation seems simple, there are many oddball things a layman wouldn’t think of that can go wrong -
Charitable Giving – Staying Under the Radar Screen Giving anonymously isn’t easy, especially for the superrich. Most charitable givers do not give for the attention they will receive as a result. -
End-of-Life Tax Tips End-of-life tax-ducking techniques can cut income taxes as well as federal estate and state estate and inheritance taxes. It’s never too late to take charge of -
Maximizing Estate Tax Savings with SLATs Spousal Lifetime Access Trusts (SLATs) allow you and your spouse to use your full remaining gift tax exemptions while retaining access to the gifted property in -
Another Unsuccessful DIY Estate Plan Goes Awry Beastie Boy Adam “MCA” Yauch, who died on May 4 of cancer, left instructions that his music couldn’t be used in advertising. -
Update Your Estate Plan or Risk Unintended Consequences! You need to make sure your will and trusts are worded to accommodate all the possibilities. You also need to revisit them regularly to avoid ending up with a