Real estate agent shaking a customers hand after purchasing a home

Updating Your Estate Plan After Purchasing a Second Home

Purchasing a second home is an exciting milestone that often brings new opportunities and responsibilities. As you add this significant asset to your portfolio, it's essential to consider how it fits into your existing estate plan. Whether your new property is a vacation retreat, rental investment, or future retirement haven, ensuring that...

Updating Your Estate Plan After Purchasing a Second Home Continue reading…
Middle-aged man smiling and looking at the camera

Comparing a Primary Beneficiary vs. Contingent Beneficiary

When planning for the future, one of the most important decisions you'll make is choosing your beneficiaries. This decision goes beyond simply naming individuals; it involves determining who will receive your assets and under what conditions. A primary beneficiary is first in line to inherit, but it's also important to consider...

Comparing a Primary Beneficiary vs. Contingent Beneficiary Continue reading…
Retired, middle-aged couple driving a car down the road.

Relocating After Retirement: Estate Planning Considerations to Know

Relocating after retirement can open up an exciting new chapter in life. As you prepare for this significant move, it’s important to consider how it impacts your estate plan. Different states have unique laws and tax implications that can affect your current documents and strategies. At OC Wills & Trust, we can...

Relocating After Retirement: Estate Planning Considerations to Know Continue reading…
Aerial view of the downtown Irvine, California skyline.

Understanding California Proposition 19 and Its Implications

California Proposition 19 has significantly changed property tax laws, impacting how families transfer property between generations. This proposition, passed by voters in November 2020, affects homeowners, heirs, and estate planning strategies across the state. By understanding the new rules and their implications, you can make informed decisions about your property and ensure...

Understanding California Proposition 19 and Its Implications Continue reading…