Orange County Estate Planning Blog

Hello everyone, I’m Jonathan Alexander, an estate planning attorney at Alexander Legacy Law. Today, I want to discuss the seven most common mistakes people make with living trusts and how to avoid them. Understanding these pitfalls can help ensure your estate plan is both effective and efficient.  1. Not Creating a Living Trust The first…

Today, I want to discuss the upcoming changes as we approach the expiration of the Tax Cuts and Jobs Act (TCJA) of 2017. This significant tax legislation, which brought numerous tax reductions, is set to sunset on December 31, 2025. Let’s dive into what this means for you and how to prepare for the changes…

Today, we’re diving into an often overlooked but crucial aspect of financial planning: estate planning. Specifically, we’ll discuss why financial advisors should actively participate in estate planning with their clients. If you’re a financial advisor or someone who works with one, this blog is for you.  The Opportunity for Financial Advisors Estate planning is more…

Life insurance is a crucial element of a comprehensive estate plan, offering financial security to your loved ones after you’re gone. However, one often overlooked aspect is determining who should own your life insurance policy. As an estate planning attorney with over 20 years of experience, I, Jonathan Alexander, am here to guide you through…

When it comes to estate planning, one of the most frequently asked questions is whether or not to discuss your plans with your family. As an experienced estate planning attorney, I believe that open communication can be incredibly beneficial, but it must be done thoughtfully and strategically. Here are some insights and recommendations on how…

When it comes to estate planning, many people focus on assets like property, investments, and family heirlooms. However, firearms are another important category that requires careful planning to ensure they end up in the right hands. Whether you have a collection of hunting rifles or valuable antique pistols, it’s crucial to consider how these items…

Imagine the peace of mind knowing that your family’s future is secure, no matter what happens. At Alexander Legacy Law, we understand that estate planning can seem overwhelming, but taking this crucial step can provide immense relief and confidence. Let’s explore the top 10 reasons why every Californian needs an estate plan.  1. Protect Your…

In today’s digital age, the allure of do-it-yourself estate planning is strong. With countless form documents available online, it seems easier and cheaper to handle estate planning on your own. However, as with many things in life, what seems like a simple solution can turn into a complex problem. Let’s explore the potential pitfalls of…

Freelancers and gig workers represent a significant portion of the workforce, bringing unique challenges and opportunities, especially when it comes to estate planning. Let’s dive into some essential estate planning tips tailored for those in the freelance or gig economy. Understanding Freelance and Gig Work Freelancers, essentially self-employed individuals, contract their services on a per-project…

Charitable giving can be a fulfilling way to support causes you care about while also providing potential tax benefits. Understanding how to maximize these benefits is essential. Let’s dive into some strategies and tips for making tax-deductible contributions. Understanding Tax-Deductible Contributions When making charitable contributions, consider the amount of your income for the year and…