Many people misinterpret estate planning as merely obtaining documents to show their wishes regarding the distribution of their assets after their passing. However, estate planning is much more intricate. Undoubtedly, estate planning is a multifaceted process involving carefully considering one’s financial, personal, and familial circumstances. Nonlawyers who act like lawyers cannot create the best comprehensive…
We’re thrilled to announce that our very own Shauna Anderson is featured in Orange Coast Magazine‘s annual Power Women special issue! Shauna’s exceptional leadership, skill, and unwavering determination to make a positive impact in Orange County inspire us all. Shauna’s well-deserved recognition as a Power Woman in Orange Coast Magazine’s prestigious issue is truly a…
When drafting a will, a crucial decision involves selecting the individual who will act as the executor of your estate. This person is the representative tasked with executing the instructions you provide in your will. Moreover, this person may have certain discretionary powers that you grant them in deciding the distribution of your assets. However,…
In our latest newsletter, we delve into the intricacies of dynasty trusts. If you have a high net worth, this is one of the best ways to protect your family and transfer your estate. However, setting one up requires considerable financial and estate planning knowledge. What Is a Dynasty Trust? A dynasty trust provides long-term…
By David M. Huynh, Esq. All too often, a person may feel that an elderly loved one is clearly being taken advantage of by another – whether it be a friend, close family member, or perhaps even a caretaker. But what can you do about elder financial abuse? Especially if that loved one doesn’t agree?…
The Lawsuit The National Small Business Association (NSBA), a non-profit representing over 65,000 businesses across the United States, filed a lawsuit against the US Department of the Treasury and Treasury Secretary Janet Yellen. They claimed that the Corporate Transparency Act’s mandatory disclosure rules went beyond Congress’s authority outlined in Article I of the US Constitution…
It can be difficult to meticulously catalog and address every possession in your will or trust. However, incorporating a thorough review process, seeking professional guidance, and including a residuary clause can help mitigate the likelihood of oversight. These strategies guarantee a more comprehensive and effective estate planning strategy. Let’s take a closer look at residuary…
Our February newsletter delves into the realm of practical wisdom, guiding you through the intricacies of safeguarding your loved ones with straightforward estate planning tips. We also unravel the mysteries surrounding third-party waivers as our expert attorneys shed light on this essential topic, offering clarity and understanding. Lastly, we offer insights into the art of…