Articles Posted in Irvine estate planning attorney

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…

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…

In today’s litigious society, anyone can find themselves the target of a lawsuit. In the U.S., millions of civil cases are filed annually, making lawsuits a near certainty, especially for professionals in highrisk fields like medicine, law, architecture, or business ownership. Research from the New England Journal of Medicine indicates that nearly every physician in…

Estate planning is an essential process that ensures your assets are managed and distributed according to your wishes after your death. For residents of Orange County, finding a knowledgeable and experienced estate planning attorney can make a significant difference in securing your legacy. This guide provides a comprehensive overview of the key elements of estate…

Real property often forms the bedrock of many estate plans, requiring careful attention due to its complexity. Unlike distributing cash or family heirlooms, real estate transactions involve mortgages and insurance, making them more intricate. Take it from me, an estate planning attorney: it’s crucial to handle these transactions carefully, especially when transferring property to a…

As someone who has worked with many people to plan their estates, I’ve learned something important: having a trust is crucial for everyone, and here are 4 Reasons Why Every American Needs a Trust.  1. A Trust Keeps Your Things Organized A trust is like a big box where you can keep all your important…

As an experienced estate planning attorney in Orange County, I have had the privilege of helping numerous families protect their loved ones and secure their assets for generations to come. Today, I want to address a topic close to every parent’s heart: ensuring the well-being of your children. In this blog post, we will explore…

A Spousal Lifetime Access Trust or “SLAT” is a special type of irrevocable trust.  A SLAT is created by one spouse for the benefit of the other.  The spouse who creates the SLAT is referred to as the grantor and the spouse who receives gifts from the SLAT is referred to as the beneficiary spouse. …