Over half of Americans have a life insurance policy, either as an individual or through their workplace. Investing in life insurance can give you peace of mind and a sense of security, but it’s important to pay close attention to details when designating beneficiaries.
Your...
Tax season can be stressful, particularly if you have a complex financial situation. And when you’re going through the monotony of filing taxes, the last thing you want is to complicate things by diving into estate planning, too.
However, as many attorneys and financial experts will tell you,...
Spring is a time of renewal, energy, and optimism. It’s also tax season. When you take those facts together, it’s obvious why spring is the perfect time to clean up your financial situation. That includes closely examining your estate plan and updating it as needed.
If you dread the...
There is a common misconception that an estate plan equals a will, and that’s it. In reality, a comprehensive estate plan can involve several different types of documents, depending on your wants and needs.
While a will is a crucial part of any estate plan, it isn’t the...
Take away the glitz and glamor of Hollywood, and celebrities are not unlike you. However, there are very few things that set celebrities apart from others, including the size of their estates. Celebrities often have much to protect, which is why estate planning is critical.
Many celebrities don’t take...
Creating an estate plan isn’t usually a one-and-done event. Estate plans require occasional reviews with an estate planning attorney to ensure documents are accurate and continue to reflect your desires. The end of the year is the perfect time to go over your estate plan and make any necessary changes.
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...
When you are considering ways to plan your estate, trusts are a useful tool. Unlike wills, trusts are not subject to the expensive and time-consuming legal process called “probate.”
If you are thinking of establishing a trust, make sure to reach out to the professionals at OC Wills &...
If you want to protect your loved ones while you are alive and after you have passed, a living trust is an excellent option. You might know that a trust can help you avoid probate and ensure your wishes are honored after you pass, but you might not know that a trust...
Finding an estate planning attorney you can trust to create an estate plan can help you stay in control over what happens to your assets after you pass on. One doesn't have to be wealthy to have an estate plan. Even if you are of modest means, you have an estate...
