Benefits of an A-B Trust An A-B Trust also known as a credit-shelter, bypass, or family trust is a tax saving device that allow the maximum amount of property to pass to your inheritors without tax for a couple whose assets are above the estate tax exemption, which is $2 million for 2008.  An A-B Trust, Credit Shelter Trust, Bypass Trust, or Family Trust preserves the estate tax exemption for each...

Benefits of a Power of Attorney Having a durable power of attorney in place saves loved ones the time, expense and public nature of petitioning the court.  If one becomes unable to make informed decisions (“incapacitated”) without a power of attorney loved ones must petition the court to appoint a conservator of estate to make financial decisions on the individual’s behalf or conservator of...

Using a trust to avoiding probate is a strategy that allows one to avoid 1. the expense associated with probate such as court costs, appraiser fees, attorney fees, and executor fees, 2. the undue delay caused by court required paper work and statutorily required waiting periods, and 3. the public nature of probate proceedings. Benefits of a Living Trusts Trusts are powerful tools that serve the purpose...

Advance Healthcare Directive Benefits Advance healthcare directives allow people to make choices about their medical care in advance of serious illness.  It is never too early to start this decision-making process, and people should not postpone it until they face serious illness.  A “power of attorney for healthcare provision” allows one to designate another to make their medical decisions should...

Benefits of a Will A will allows a testator to direct the distribution of the one’s property and assets to the loved ones of their choice.  If one passes away without a will, the State of California will distribute one’s property and assets under the default rules of intestate succession.  A will may also appoint a guardian to care for one’s minor children.  The will can give directions to...

Estate Planning Attorneys Our clients spend a lifetime accumulating their assets.  As experienced estate planning attorney’s we specialize in maximizing the value of those assets for the benefits our clients and our heirs.  Estate planning is complex as both Federal and State laws frequently change the way we deal with wills, trusts and estates.  As estate planning lawyers, we utilize our expertise...

Estate Plan Benefits Our clients have worked hard to build their assets.  We assist clients in preserving those assets for their beneficiaries efficiently and effectively. Estate planning is the process of: identifying the persons inheriting the principles assets identifying the persons who will care for your minor children and their financial well-being minimizing tax liability and...

Benefits of Mission Viejo Estate Planning Lawyers A Mission Viejo will attorney will help Mission Viejo residents determine if a revocable living trust is useful in their estate plan. You probably already started estate planning by naming beneficiaries on life insurance policies, retirement accounts and bank accounts. Legal instruments such as wills, powers of attorney and living trusts tailored for...

Benefits of Laguna Woods Estate Planning Lawyers By focusing on clients in one geographical area, our Laguna Woods estate planning attorneys have developed the skill, thoroughness, and experience to provide residents in the area with estate plans designed to meet their needs.  These well educated and experienced Laguna Woods lawyers know the community, will get to know you, and most importantly will...

Benefits of Laguna Niguel Estate Planning Lawyers Our senior attorney is a life long resident of Laguna Niguel and a pillar of the community.  As Laguna Niguel estate planning attorneys our firm understands the specific family and estate planning needs of those living in South Orange County.  Those in Laguna Niguel have worked hard to accumulate their wealth and want to be able to pass on something...