by Christine Brown | Nov 27, 2020 | Estate Planning, Trustee, Trusts
Stepping into the role of Successor Trustee after the incapacitation or death of a loved one is a big job that can feel scary and overwhelming for someone who has never served in such capacity. Torrance Trust lawyers understand that it can be equally unnerving to...
by Christine Brown | Sep 18, 2020 | Estate Planning, Revocable Trust, Trusts
A revocable living trust protects your privacy, avoids probate, and determines who will handle your affairs while you’re incapacitated and after you’ve passed away. It’s an essential element for estate plans as it provides an extra layer of protection to your estate...
by Christine Brown | Sep 9, 2020 | Blended Families, Estate Planning, Trusts, Wills
Here’s a common horror story: a father remarries late in life to a woman with her own kids. The father does not create a Last Will and Testament. When the father dies, his estate goes entirely to his new wife since she is his next of kin according to the laws of...
by Christine Brown | Aug 22, 2020 | Estate Planning, Trusts, Wills
As the coronavirus continues to impact life as we know it here in the United States, the most common question we’ve been asked during the course of the pandemic is “Should I update my estate plan in LA County because of COVID?” Of course, the answer to...
by Christine Brown | Jun 22, 2020 | Estate Planning, Trusts
Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. As a...
by Christine Brown | Apr 30, 2020 | Estate Planning, Inheritance, Trusts
Self-made billionaire Warren Buffet once famously said, “Leave your children enough money so they can do anything, but not enough that they don’t have to do anything.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared...