For many family business owners in Orange County, the prospect of passing the business down to the next generation is not just a financial decision, but also an emotional one. At OC Wills & Trusts, we understand the importance of preserving your legacy while ensuring a smooth transition. This guide offers essential...
Congratulations on your marriage! This exciting new chapter brings many changes, and among them should be a discussion about estate planning. At OC Wills & Trusts, we often advise newlyweds to consider their estate plan as a key step in safeguarding their joint future. An estate plan is not just a...
The holidays are a time for family, gratitude, and often, meaningful conversations. At OC Wills & Trusts, we recommend using this family gathering as an opportunity to discuss estate planning. While it might seem like a heavy topic for a festive occasion, it’s a rare chance to have everyone together, making...
As a parent, one of the most significant milestones is witnessing your child turn 18. At OC Wills & Trusts, we understand that this is not just a coming-of-age moment, but also a critical time for considering essential estate planning documents. While it may seem premature, having these documents in place ensures...
Planning for the future is essential, and at OC Wills & Trusts, we understand the importance of ensuring your final wishes are honored. While wills are a common tool for estate planning, a revocable living trust offers distinct advantages that can better serve your needs. This blog explores why a revocable...
In today's digital age, our online presence and digital assets form a significant part of our lives and legacy. At OC Wills & Trusts, we recognize that digital end-of-life planning is an essential, yet often overlooked, aspect of estate planning. Including digital assets in your end-of-life planning ensures that your online...
Many families face the reality of aging parents who haven't engaged in any form of estate planning. At OC Wills & Trusts, we frequently encounter this scenario and understand the urgency and sensitivity required.
If your parents are in this position, immediate action is crucial to safeguard their...
The process of settling an estate after a loved one's passing can be overwhelming, especially during a time of grief. At OC Wills & Trusts, we often advise our clients on the significant benefits of preparing an inventory of assets before death. This thoughtful preparation can simplify the estate settlement process for...
Many people believe that only wealthy people use trusts. The term “trust fund baby” has been used for generations to refer to someone who gets their vast wealth from a trust. However, just because the concept of a trust is often associated with wealth doesn’t mean that trusts can only have value...
A recent study shows that only about 33% of Americans have estate plans in place. This means that roughly 67% of adults do not have a set plan for the future.
Estate Planning Awareness Week is a week-long movement that takes place every year in October to help...
