Articles Posted in revocable living trust

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…

Structure is Critical When managing a trust in California, whether due to the death or incapacity of the trustee, it’s crucial to adhere to a structured process. This blog post provides an overview of that process, highlighting the critical steps involved in trust administration.  Understanding Trust Administration Trust administration is a systematic approach, generally starting…

Estate planning might sound like something only the super-rich need to worry about, but it’s actually a crucial step for anyone looking to secure their financial future and ensure their wishes are respected. One of the most famous examples of successful estate planning comes from the Rockefeller family, known for their immense wealth and philanthropic…

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…

In the dynamic world of estate planning, the advent of digital assets like cryptocurrency has introduced a new layer of complexity. As an estate planning attorney in Orange County, California, I’ve encountered numerous scenarios where the integration of cryptocurrency into estate plans has been both intriguing and challenging. The decentralized nature of cryptocurrencies such as…