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When Should I Have My Estate Plan Reviewed By An Attorney?
When you’ve worked so hard to amass your properties and assets, the next thing you should do is make sure your hard work pays off in the way you intend. Whether that means following a succession plan, taking care of your loved ones, or supporting a charity, you will need an up-to-date estate plan. If…
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What Are The Points of Failure In a Living Trust?
There are plenty of advantages to using a living trust as a significant piece of your overall estate plan. In fact, any Orange County estate planning attorney who doesn’t at least mention this option is behind the times. Call Parker Law Offices now at (949) 385-3130 for your free consultation with an experienced lawyer who…
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4 Tips to Fund Your Living Trust
While there are plenty of options to properly plan your estate, living trusts are becoming more popular every day. Your Orange County estate planning lawyer will certainly advise you on all of your options–it may be well worth asking if a living trust is right for you. Call Parker Law Offices now for a complimentary…
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Why You Need an Attorney to Help When You Become the Successor Trustee
A successor trustee plays a critical role in the estate planning process by carrying out the wishes of the deceased. As the one named in the trust, they assume control of the estate after the trustee dies or becomes incapacitated, and are entrusted to manage the assets, pay outstanding debts, and transfer the assets to…
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Estate Planning in the Digital Age
Between smartphones and computers, the rise of the internet, and digital platforms such as social media and email, much of our lives are now spent in the cloud and online where we create and store massive amounts of data. We protect this data with usernames, PINs, and passwords. Unfortunately, if hacked, our personal information, along…
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The Duties and Liabilities of Being a Successor Trustee
Setting up a revocable living trust with your Orange County estate planning attorney is an excellent way to avoid probate and reduce the financial strain on friends and family. The process involves naming one or more people, or sometimes a corporate trustee, to act on the settlor’s (also known as the grantor or creator) behalf…
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Conflicts of Interest in Estate Planning: Everything You Need to Know
Estate planning can be a complicated and overwhelming endeavor. It often involves complex issues with extended families and blended families, and often brings about conflicts of interest as family members discuss what assets go where and who should be the designated successor trustee. Avoiding Problems During Estate Planning As a top Orange County estate planning…
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How Often Should I Review My Estate Plan?
Many people create a comprehensive estate plan that includes a will, trust, and a power of attorney (POA) and then lock it away for safekeeping. Life, however, has a way of changing, and with it, the need to keep these important documents updated with the help of an estate planning attorney in Orange County. When…
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Estate Planning Is the Most Important Gift You Can Give To Your Family
As the season of gift-giving rolls around, families and friends are considering what those they love could truly benefit from. While another winter sweater maybe a cherished tradition, there is one gift that will help your family well into the future — an estate plan prepared by an Orange County estate planning attorney. This one…
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Creating an Estate Plan during COVID-19
When a global pandemic arises, it can raise many “what if” questions. As the death count rises and more cases are confirmed, it’s reasonable to start reflecting on undesirable situations. Mix social isolation with an aggressive virus and many people find themselves reaching out to their Orange County estate planning attorneys to take care of…
