Michael Pevney - Podcast Details

Shows

Passing It On: Estate Planning for Families 🏡 How to Put Your Home in a Living Trust (Without Refinancing It)If you've ever wondered how to add your home to a living trust — especially when there's a mortgage on it — this episode is for you. I'm Michael Pevney, a California estate planning attorney, and I help families protect their homes, avoid probate, and create peace of mind through solid estate planning. In this episode, I explain the exact steps to transfer your real estate into your living trust — even if you still have a loan. ✅ Here's what you'll learn: Whether you need to refinance (hint: you don't) Wh...

2025-11-1008 min

Passing It On: Estate Planning for Families Will vs. Trust — What's the Best Choice for You?Confused about whether you need a will or a living trust? In this episode, Michael Pevney, an experienced California estate planning lawyer, breaks down the key differences between the two — so you can make the best decision for protecting your family, your assets, and your legacy. You'll learn: What a Last Will & Testament really does Why a Revocable Living Trust often makes more sense in California How probate works (and how to avoid it!) The differences in privacy, control, and timing between wills and trusts How to pr...

2025-11-0312 min

Passing It On: Estate Planning for Families What REALLY Happens If You Die Without a Trust in California?A lot of people think their family will just automatically get their home or savings if they pass away without a trust — but that's not how it works in California. In this video, I'm walking you through exactly what happens when someone dies without a trust in place. I'll explain the probate process — how long it takes, how much it costs, and why it's something I help my clients avoid every single day. 👋 My name is Michael Pevney, and I'm an estate planning attorney based in Orange County. At my firm, Pevney Estate Planning, PC, I create...

2025-10-2909 min

Passing It On: Estate Planning for Families Risk of Handwritten Wills – Lessons from Aretha Franklin's EstateThinking about writing your will by hand? Think again. In this short episode, attorney Michael Pevney explains why handwritten wills (also called holographic wills) can leave your loved ones in years of conflict. Aretha Franklin's estate turned into a courtroom battle after multiple handwritten wills were found hidden around her home. Michael breaks down what went wrong, why handwritten wills are risky, and how you can protect your family by creating a proper estate plan. You'll learn: The problems with handwritten wills What happened in Aretha Franklin's estate battle ...

2025-08-1801 min

Passing It On: Estate Planning for Families Protect From Lawsuits! Top 3 Asset Protection Secrets REVEALED!Worried a lawsuit could wipe out everything you've built? In this value-packed episode, California estate-planning attorney Michael Pevney breaks down three proven layers of defense: • Insurance, insurance, insurance – why an umbrella policy may be the cheapest million-dollar shield you'll ever buy. • Incorporate your business (or rentals) – how an LLC or S-Corp walls off personal assets and what goes wrong when people mingle funds. • Offshore strategies for the 1 % – when exotic trusts make sense, and why most families can skip them. You'll also hear real-life cautionary tales—like teens crashing cars and landlords getting sued—and how...

2025-07-2112 min

Passing It On: Estate Planning for Families Why Estate Planning Is Essential For Young FamiliesFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Why is estate planning for young families essential? Protecting your assets and ensuring your children are cared for is crucial, but many young families overlook the importance of having an estate plan. Estate planning isn't just for the ultra-wealthy or elderly—it's a necessity for anyone with dependents. Hi, I'm Michael Pevney, an estate planning attorney based in Southern California. I create personalized estate plans for young families across the state, ensuring their financial and emotional well-being. While I'm located in Orange County, much of my practice is...

2024-09-0610 min

Passing It On: Estate Planning for Families When You Pass Away Without an Estate PlanLEARN MORE: https://www.ocestateplanlawyer.com What happens to your assets if you pass away without any form of estate plan—no will, no trust, nothing? In this video, we delve into the complexities of dying without an estate plan, especially in California. We'll guide you through the legal process that unfolds when someone passes away without any plans in place. Whether you're married, single, or have children, the state has specific rules that determine how your property is divided. We explore key concepts like community property versus separate property, and how these distinctions affect wh...

2024-08-1510 min

Passing It On: Estate Planning for Families If You Have A Trust, You Still Need A WillLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2024-08-0805 min

Passing It On: Estate Planning for Families Does A Trust Need A Bank Account?LEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2024-08-0606 min

Passing It On: Estate Planning for Families Putting a home inside of a trust is often as simple as signing a new deed and filing it.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com putting a home inside of a trust is often as simple as signing a new deed and filing that deed with the local county office. The more important thing is that a trust exists in the first place and the trust clearly states what your wishes are with your property when you have passed away. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-06-2601 min

Passing It On: Estate Planning for Families Trusts are private documents. The only people entitled to see them after the peFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Trusts are private documents. The only people entitled to see them after the person that set up the trust, dies, or the beneficiaries or people that otherwise would've inherited that person's estate if they died without an estate plan, typically. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-06-1801 min

Passing It On: Estate Planning for Families How to create a trust keeping children protected from divorce.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com how to create a trust by keeping children protected by a divorce. Make the child, the beneficiary of the trust, and use a trusted third-party to administer that trust as the successor trustee. #Divorce #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-05-3101 min

Passing It On: Estate Planning for Families Trust are private documents, to a point. They are typically not filed with any government agency, buFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com trust are private documents, to a point. They are typically not filed with any government agency, but when the person who creates the trust passes away, typically children of that person have the right to see the trust. #Privacy #Trustee #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-2901 min

Passing It On: Estate Planning for Families A trust is usually better than a will, for passing along real estate for four reasons. Cost, controlFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a trust is usually better than a will, for passing along real estate for four reasons. Cost, control, privacy, waste of time.#EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-2702 min

Passing It On: Estate Planning for Families You might be able to transfer real estate using a power of attorney document, if that power of attorFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com you might be able to transfer real estate using a power of attorney document, if that power of attorney specifically allows you to engage in real estate transactions and estate planning. Powers of attorney are very important, estate planning documents, and must be written very carefully and understood by all parties. #Power of attorney #Realestate #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-2402 min

Passing It On: Estate Planning for Families Avoid probate with a living trust. Probate is expensive, putting property inside of trustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday avoid probate with a living trust. Probate is expensive, putting property inside of trust, avoids that cost. You have a lot of control from beyond the grave with a trust that you do not with a will or worse, no estate plan at all. Time and hassle. Probate often takes 18 months to two years to get through. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-2201 min

Passing It On: Estate Planning for Families Inheritances are separate property, even if you live in a community property state like California.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com inheritances are separate property, even if you live in a community property state like California. The very smart thing to do would be to sign a postnuptial agreement making clear what property is separate property. However, an inheritance could be kept a secret as long as it is kept completely separate and never commingled with community property, #PostUp #Prenup #Inheritance #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-2001 min

Passing It On: Estate Planning for Families A home with a mortgage, if it's your primary residence can go inside of a trust. This isFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Lynn Young a home with a mortgage, if it's your primary residence can go inside of a trust. This is based on a federal law that was passed over 40 years ago. And guess what, the bank can't force you to pay back the entire loan. #Mortgage #Loan #Real estate #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-1801 min

Passing It On: Estate Planning for Families property inside of a revocable living trust can be used as a collateral on a loan because you have cFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com property inside of a revocable living trust can be used as a collateral on a loan because you have complete control of everything inside of that trust if it is written the right way. The bank, or whoever is loaning you the money it might need to see a copy of that trust before giving you the loan though.#Collateral #Loan #Mortgage #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-1501 min

Passing It On: Estate Planning for Families Life insurance is an important part of any estate plan. As part of that plan, you might wanna considFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Life insurance is an important part of any estate plan. As part of that plan, you might wanna consider making a trust the beneficiary instead of an individual. This provides more protections for the ultimate beneficiaries, and make sure that that money is used in a responsible way, and protected from predators and creditors #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-1201 min

Passing It On: Estate Planning for Families sometimes it can be good idea to make a living trust the beneficiary of a life insurance policy becaFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com sometimes it can be good idea to make a living trust the beneficiary of a life insurance policy because of the protections it provides the beneficiaries. Protections like making bad decisions, bankruptcy, lawsuits, and even divorce. #Insurance #Beneficiary #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-1001 min

Passing It On: Estate Planning for Families rental properties should typically go inside of a trust just like a primary residence. It receives tFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com rental properties should typically go inside of a trust just like a primary residence. It receives the same benefits of a trust. First, it avoids the cost of probate. Second, you have a lot of control over what happens to it after you are dead. Third, trusts are private probate is public. Fourth, it avoids the time and hassle of probate. Probate can easily take a year and a half where I practice in California. #RentalProperty #Probate #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-0801 min

Passing It On: Estate Planning for Families in California, your property taxes will not be reassessed after putting your primary home iFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com in California, your property taxes will not be recessed reassessed after putting your primary home in a revocable living trust. That is one of those exceptions. Also, you will not have to qualify for your mortgage that is according to federal law. Most of the trust that I set up, include homes with mortgages in them, #Mortgage #Propertytax #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-04-0601 min

Passing It On: Estate Planning for Families How to title property in the name of a trust.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com How to title property in the name of a trust. A trust has to have a name, you can pretty much name it whenever you want as long as it has a word trust in it. I trust will also have a date associated with it, which is typically the date was created. Also, there will be a tax ID number, depending on the type of trust it is the tax ID number will be its own EIN, or it will be your own Social Security number...

2024-03-0102 min

Passing It On: Estate Planning for Families Where do you keep your estate planning documents?Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Where do you keep your estate planning documents. Remember, trusts are private documents, and we don't ever file them with any government agency which means that they have to be kept safe, but also accessible. This means typically no bank safe deposit boxes, and we always want digital copies on hand. #Privacy #DigitalMedia #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-2802 min

Passing It On: Estate Planning for Families Make sure the kids don't fight and squabble over the family home after you are gone.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Make sure the kids don't fight and squabble over the family home after you are gone. The better decision is to put the home inside of a living tust with the kids, the beneficiaries and specify exactly what you want to Happen to that home after you are gone. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-2701 min

Passing It On: Estate Planning for Families Sometimes it's not responsible for kids to inherit hundreds of thousands of dollars or more.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Sometimes it's not responsible for kids to inherit hundreds of thousands of dollars or more as soon as they turn 18 with no restrictions on that money. He living trust is great way to make sure that that money is put to good use and kept away from younger people, when they might be more likely to make bad decisions with it. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-2401 min

Passing It On: Estate Planning for Families Factors to think about when choosing a guardian for your kids.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Factors isn't about when choosing a guardian for your kids, if you pass away. First, geography. Where do they live, your kids are likely going to move in with them. Second, age and level of health, how old are the guardians going to be when your youngest comes of age. Third and most important, do they love the kids? Choosing a guardian is an important part for every parent creating an estate plan #Guardian, #Kids #Guardianship #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-2102 min

Passing It On: Estate Planning for Families Estate planning documents that every parent needs.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Estate planning documents that every parent needs. A revocable, living trust to make sure that kids inherit things responsibly. A financial power of attorney to make sure someone can make financial decisions for you if you can't. In advance, healthcare directive to make sure healthcare decisions are what you want them to be. Of course nominating a guardian if those kids are under 18. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-1902 min

Passing It On: Estate Planning for Families Debt cannot be inherited by somebody that never agreed to pay in the first place.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com debt cannot be inherited by somebody that never agreed to pay in the first place. Somebody that holds a car note cannot force the people you leave behind to pay the loan. They can't of course, close on the Det and repossess the car, but they can't force kids or parents to pay back the loan. #Debt #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #DaveRamsey

2024-02-1601 min

Passing It On: Estate Planning for Families Joint ownership of property can help avoid probate, but be careful.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com joint ownership of property can help avoid probate. But what happens after the first joint owner passes away, without an estate plan? They need some sort of way of getting that property to the ones that they want to leave behind. Typically this means using a revocable living trust to pass that property on while avoiding the scourge of probate. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #California #OrangeCounty #RevocableTrust #MissionViejo #AlisoViejo.

2024-02-1401 min

Passing It On: Estate Planning for Families Trusts are private. One of the best benefits of putting property in trust is that it is not open to prying eyesFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Trusts are private. One of the best benefits of putting property in trust is that it is not open to public record. If kids or people that are unsophisticated with money, that could leave them open to predatory "investment, advisors" and people that you don't want to know that they have money. #Probate #InvestmentAdvisor. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-1201 min

Passing It On: Estate Planning for Families Special Needs provisions are part of the versatility of revocable living trusts.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com special-needs trusts are part of the versatility of revocable living trusts. They can care for beneficiaries with special needs, due to important things. First, making sure the beneficiary doesn't make bad decisions with their inheritance. second, making sure that they keep any government benefits that they are otherwise entitled to. ##SpecialNeeds##EstatePlanning##LivingTrust##FillThatBucket##Pevney##California

2024-02-0902 min

Passing It On: Estate Planning for Families Make sure that the kids can't sell the house or the business by using a living trust.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Mayne make sure that the kids can't sell the house or the business by using a living trust. A living trust gives you control of those assets even after death. If you want children or other beneficiaries to get the income from a rental property or a business after you're gone, that can be specified in the trust, and make sure that the income flows into the trust, and that the property itself is not sold.#RentalProperty #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-0702 min

Passing It On: Estate Planning for Families Three reasons not to give your house to your kids.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Aleman655 three reasons not to give your house to your kids. One, it now belongs to them. They can sell it without your permission. Too, the home is not protected from your children's predators or creditors. Three, they are going to pay a lot in capital gains tax, much more than they should. The better solution, put that house while they are alive inside of a revocable, living trust making the children in the beneficiaries. #Parents #Kids #CapitalGains #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-0601 min

Passing It On: Estate Planning for Families Make sure kids don't fight over your family home after you pass away.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Make sure kids don't fight over your family home after you pass away. Bring the home inside of a living trust and you a lot of control over what happens to the home after you are gone, in addition to a lot of other benefits, like avoiding the probate process, which can be very expensive and time-consuming. #Kids #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-0201 min

Passing It On: Estate Planning for Families Be Careful About How To Take Title On A Deed To A PropertyFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com the way that our property deed is written, can sometimes control what happens to the property after one of the owners dies. However, a married couple does not automatically leave their share of their home to the other spouse, especially if it was owned by the other spouse before they were married as separate property. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-02-0102 min

Passing It On: Estate Planning for Families A House With A Mortgage Can Go Inside A TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a house with one, two, three mortgages can still go inside of a trust. If your name is on the deed to the home, you own the home, and it can go inside of a trust. It does not, however, relieve you from the obligation, legal obligation, to pay back that mortgage there are plenty of good reasons for putting homes with mortgages on them inside of a trust. The biggest one, avoiding probate, and giving you control over what happens to the Home after you're gone...

2024-01-3002 min

Passing It On: Estate Planning for Families Do not keep your estate plan documents in a safe deposit boxFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Do not keep your estate plan documents, the revocable living trust, and an advanced healthcare directive inside of a bank safe deposit box. You can only access those items when the bank is open and that can make for difficult situations like if somebody is in the hospital. #SafeDepositBox #SafetyDepositBox #Banks #Privacy #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-2901 min

Passing It On: Estate Planning for Families Without A Trust, In Can Take 28 Months To 2 Years To Sell A Home After A DeathFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com it can take 18 months to two years to get a home sold after the owner passes away. Unless, of course, that Home is inside of a living trust. Property inside of a living, trust, avoids probate which means that it does not have to go through the court system, and it does not ever have to be approved of by a judge. Get that house in a trust #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-2701 min

Passing It On: Estate Planning for Families 4 Reasons A Trust Is Better Than A WillFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com trusts are better than Wills for four reasons. Cost, save up to $50,000 in probate fees. Control, make sure your beneficiaries are protected from both creditors and predators. Privacy, make sure that the prying eyes of the public don't get to see what's inside of your trust. time and hassle, the probate system can easily take a year and a half to two years where as a trust things can be distributed within a couple of months. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-2503 min

Passing It On: Estate Planning for Families How To Cut Your Kids Out Of Your EstateFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com estate planning, sometimes means, leaving nothing to your children. In most places in the country, you are simply allowed to do this. Your property belongs to you, and you can leave it in your trust or your will to whoever you want. Best to mention the fact that you have children, and the fact that they are getting nothing. This can be a good way to possibly avoid a lawsuit and a messy situation after somebody passes away. #Disinherit #Kids #EvilStepmom #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-2302 min

Passing It On: Estate Planning for Families Three Ways To Transfer A Home To A ChildFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a house gets in a child's name three typical ways. First, the parents put the child's name on the deed before the parents pass away. I think this is a bad idea. Second, the parents leave it to the child and will meaning it goes through probate, and eventually the child is put on the date to the home. Third, the parents put the home in new living trust with the child as a beneficiary. This both avoids the time and cost of probate, and make sure...

2024-01-1902 min

Passing It On: Estate Planning for Families Protect Children From Creditors And Creditors With A TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Protect your children, in the future, from predators and predators. The best way to do this is not for them to inherit money directly, but by way of a trust, typically a revocable living trust, I can make sure that the money is used responsibly, and cannot be separate to bankruptcy or abusive spouses.#Divorce #RevocableTrust #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-1802 min

Passing It On: Estate Planning for Families If Your Parents Leave You Their Home, You Can Usually Take Over Their MortgageFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com if your parents pass away and you take over the mortgage to their home with the bank, and you should be entitled to any tax deductions that you would otherwise be entitled to if you take, took out the mortgage yourself initially in your own name. #Mortgage #TaxDeduction #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-1501 min

Passing It On: Estate Planning for Families Funding A Trust Means Putting Things Into That TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Funding a trust means putting things into that trust. That might mean opening, titling, retitling, or making beneficiary, designations of financial accounts, like IRAs, 401(k), checking accounts, saving accounts and life insurance policies. It often means filing a new deed for real estate, placing it inside of the trust, and also signing a document, putting all of your personal property into that trust. #TrustFunding #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-1203 min

Passing It On: Estate Planning for Families A Trust Is Better Than A Will In Most CasesFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com A trust is better than a will, in most cases, because it avoids the cost, often times the very high cost of probate. Especially if you own real estate. Another great reason to have a trust instead of a will. Probate also takes a very long time, 18 months to two years if you live in the state of California. Best to invest in a complete estate plan built around a revocable living trust. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2024-01-1101 min

Passing It On: Estate Planning for Families A Home Gets Out Of A Trust By Using A DeedFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday a home gets out of a trust after you're gone by way of a deed. You basically need a death certificate along with a copy of the trust in order to make the new trustee in charge of that piece of real estate. If it is a revocable trust, you still have complete control over the home while you're alive. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-2201 min

Passing It On: Estate Planning for Families Be Careful About Buying A Home With A Partner You're Not Married ToFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Be careful about buying that home with somebody that you're not married to, especially if you don't have an estate plan set up. If you pass away, may not end up where you want them to go. #EstatePlan #LivingTrust #FillThatBucket #Voice #Pevney #MissionViejo

2023-12-2201 min

Passing It On: Estate Planning for Families A Home Gets In A Trust By Filing A Deed At The Appropriate County OfficeFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com A home is put inside of a living trust by drawing up a new deed to the home. The home is transferred from the owners, typically to the owners as trustees of the trust. Make sure that the trust already exists. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-2001 min

Passing It On: Estate Planning for Families Make A Living Trust Very Official By Getting It NotarizedFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com technically a trust does not have to be notarized, however, this would be a foolish mistake. Try and go to a bank and set up a trust bank account. No dice. #EstatePlanning #LivingTrust #Notary #FillThatBucket #Pevney #RevocableLivingTrust #Fraud #Banking.

2023-12-1901 min

Passing It On: Estate Planning for Families The Essential Reasons To Get Real Estate Inside A TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Putting real estate inside of a living trust is so important for the following reasons. First, it keeps your home out of probate. Depending on the state you live in probate, can be very expensive in time consuming. Where I live, in California, and often takes up to two years to get your home through probate and costs around $50,000. That $50,000 could have gone to your kids, other beneficiaries, or charities. Instead, it gets eaten up by lawyers in the Court system. The much better solution, put that...

2023-12-1801 min

Passing It On: Estate Planning for Families A Home With A Reverse Mortgage Can Go Inside Of A TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com A reverse mortgage is in many ways like any other mortgage. A loan that you owe that is secured debt. Yes, a home with the reverse mortgage can go inside of a trust. If it is a revocable living trust, the mortgage company has no say in whether it goes into that trust or not.#EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #ReverseMortgage

2023-12-1501 min

Passing It On: Estate Planning for Families An LLC Can Protect Your Personal Assets From Lawsuits, And They Can Go Inside A Living TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com An LLC can give you asset protection from lawsuits, if you own a business. By the way, rental properties are a business. And a trust and protect you from the time, cost, hassle probate, which takes a long time and is very expensive. So from both lawsuits and probate Put in an LLC, and LLC owned by a Trust #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #llc #assetprotection

2023-12-1301 min

Passing It On: Estate Planning for Families A Living Trust Leaves You In Control Of The Real Estate You Put Inside It.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com After putting real estate inside of a living trust, you still have complete control over that real estate or home. That means you can sell it, rent it out, take out a second mortgage, use it as an Airbnb, everything that you could do before it was in a trust. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-1201 min

Passing It On: Estate Planning for Families Avoid High Capital Gains Taxes: Keep Your Kid's Name Off The Deed To The HouseFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a step up in basis, has to do with capital gains taxes. When a home is passed on to a child, typically there is a step up in basis meaning that it is as if the child bought the home for what the home is worth when the parent passes away. This can save those kids a lot of money on capital gains taxes, this is also one of the reasons why it is typically a bad idea to put kids on the deed to the parents...

2023-12-1101 min

Passing It On: Estate Planning for Families Beneficiary Designations: An Important Part Of Estate PlanningFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Beneficiary designations are an important part of estate planning. Don't forget about them. Make sure your ex spouse or your parents aren't. The people who are going to inherit your 401(k) if you want it to go to your spouse and or children, and or trust. Better yet, in some cases, make a living trust, a beneficiary. #onthisday #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-0801 min

Passing It On: Estate Planning for Families Estate Planning Is Essential For Real Estate Investors. Here's WhyFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Investing in rental properties? 🏢 Concerned about asset protection and avoiding probate? 💼 Here's a powerful strategy: place your rental property inside an LLC for liability protection, and then put that LLC inside a trust for seamless estate planning. 🤯📜 This double-layered approach shields your assets from personal liabilities and ensures a smooth transition for your heirs without probate court hassles. 🛡️🔒 Plus, it simplifies your estate plan, making it a win-win for landlords and investors. 📈✨ Learn more about this game-changing tactic! 💡💰 #RentalPropertyInvesting #AssetProtection #EstatePlanningWins #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-0602 min

Passing It On: Estate Planning for Families The Top 4 Reasons A Home Should Go Inside A Living TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Put your home inside of a living trust for the following reasons. 1. cost. Probate is extremely expensive, especially if you live in California. 2. Control, control what happens to your stuff from byomd the grave. Three. Privacy, outside of probate nobody gets to see where your stuff is going 4. Time and hassle Save your heirs a year and a half to 2 years of court hearings even for a simple estates #onthisday #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-12-0501 min

Passing It On: Estate Planning for Families Estate Planning Is Always Important, But It's Not Always Urgent.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Estate planning is a crucial aspect of securing your family's future, but it doesn't always demand immediate action. While it's never too early to start planning, the urgency may vary depending on your life stage and circumstances. In this short blog post, we explore the nuances of estate planning, emphasizing the perpetual importance it holds in safeguarding your assets and loved ones. Join us as we navigate the delicate balance between recognizing the significance of estate planning and understanding when the timing aligns with your unique...

2023-11-1702 min

Passing It On: Estate Planning for Families Californians Keep Their Property Taxes LOW By Putting Their Home In A Living TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com In this brief yet insightful discussion, we delve into the strategic advantages of incorporating a living trust into your estate plan. Discover how California residents can navigate property tax regulations, ensuring a sustained advantage for homeowners. Join us as we demystify the process and explore the financial benefits that come with thoughtful estate planning. Tune in for essential insights into preserving your property taxes and securing a sound financial future #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-11-1602 min

Passing It On: Estate Planning for Families A Reverse Mortgage Doesn't Prevent Your Home From Going Inside A Living TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com A reverse mortgage is a special kind of a mortgage, but it is still a mortgage. It can go in a trust. Putting it in a trust, will save you the time, cost, and hassle of probate, which is to be avoided. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #ReverseMortgage

2023-11-0801 min

Passing It On: Estate Planning for Families Two Spouses Can Have Separate Estate Plans, But Be Careful.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com two spouses can have two separate estate plans, but be very careful, especially if you live in a community property state. Typically, unless there is a prenuptial agreement, prenup, or a post up, I will want to create one trust for both spouses. The reason is things can get very messy once the first spouse passes away. There are some ways to write a trust around this, but it's going to involve one spouse, likely giving up some of their rights to that property.#LivingTrust #EstatePlan #Pevney...

2023-10-2602 min

Passing It On: Estate Planning for Families Probate Is What Happens When You Pass Away Owning Property That Is Not In A Trust. Avoid Probate.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com probate release stinks. Is it is the court controlled and government supervised estate planning system if you don't have a trust. Even if you just got divorced, and your main asset is your home, it's a good idea to get it in a living trust. That way you have complete control over it, and it will never have to go through probate. By the way to get the average southern California home through probate it can cost around $40-$50,000.this is completely avoided by putting it...

2023-10-2501 min

Passing It On: Estate Planning for Families A Mortgage Can Usually Be Paid Off And Paid Down By The Owner's Kids After The Owner DiesFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Dive into our latest podcast episode, 'A Mortgage Can Usually Be Paid Off and Paid Down by the Owner's Kids After the Owner Dies,' where we unravel the nuances of estate planning and mortgage management. Explore the unique strategies and financial insights that empower families to navigate the postmortem intricacies of a mortgage. We dissect the options available to heirs, shedding light on how the burden of a mortgage can be managed and even alleviated. Join us for an engaging discussion that demystifies the intersection...

2023-10-2501 min

Passing It On: Estate Planning for Families What Happens When A Parent Dies With A Home In A Trust And You Are The Beneficiary?Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Lane942 when a parent passes away with a living trust with you as the beneficiary, we have to follow the terms of the trust in figuring out what to do with at home. If the home is being left with no strings attached, that often means going to the county recorders office, filing a new deed or some affidavit with the death certificate attached putting the Home into your name. Make sure to consult an accountant because there could be some property tax consequences associated with This...

2023-10-2401 min

Passing It On: Estate Planning for Families Who Gets To See A Copy Of Your Living TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com P. Who gets to see a copy of your trust? A beneficiary doesn't get to see a copy of a trust until they actually become an active beneficiary. Meaning if you are leaving all of your property to your kids, they don't legally get to see a copy of that trust until you pass away, and they become current beneficiaries. As a practical matter, though, it's a good idea to let both trustees and beneficiaries know that there is a trust, and especially that the successor trustee...

2023-10-1701 min

Passing It On: Estate Planning for Families Don't Leave Money Directly To Your Kids When You Pass AwayFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Don't leave your kids any money when you die. This is a little bit of a trick, because ultimately you want your kids to benefit from your inheritance. The best way to do this is to set up a living trust, leave your inheritance to the trust, and have the trust distribute money to your kids, or on behalf of them as the beneficiary. This does two things. First it protects them from making bad decisions themselves, and also can protect that money from people they owe...

2023-10-1702 min

Passing It On: Estate Planning for Families Don't Buy A Home With Your BoyfriendFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com 𓆉 MoonlightWildflowers 𓆉꧂ not the best idea to buy a home jointly with somebody that you're not married to yet. If one of you passes away and you're broken up, guess what? You might come home with your exes mom how does that sound? #State #Marriage #LivingTrust #PutARingOnit #fillthatbucket. #Pevney #daveramsey

2023-10-1601 min

Passing It On: Estate Planning for Families What If One Child Wants To Buy Their Siblings Out Of The Parents' HouseFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com if a home is going to be left to children after parents pass away, sometimes one child wants to buy the other siblings out of their share. The problem is, if the house isn't currently in a trust, and there isn't currently in a state plan in place, this can't be done until the Home goes through the entire probate process, which, in California can take up to two years. the better solution, is for the parents to set up a living trust, place the home inside...

2023-10-1601 min

Passing It On: Estate Planning for Families If Your House Has A Mortgage On It, You STILL Own It.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com houses with mortgages on them, are still owned by the people on the deed to the house. That means that the house can go inside of a living trust. The mortgage just tells us who owes money on the property. Yes, if you don't pay the mortgage, the bank can foreclose on the home. However, the fact that a home has a mortgage on it does not mean that the house cannot go inside of a trust. The large majority of homes that I, as an estate...

2023-10-1401 min

Passing It On: Estate Planning for Families TOD (Transfer On Death Beneficiaries) As A Way To Avoid Probate As Part Of A Complete Estate PlanFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com TOD or POD beneficiary can be a great way to get assets into a living. Trust after you pass away. But what if your bank doesn't allow it? #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #beneficiary

2023-10-1302 min

Passing It On: Estate Planning for Families One Of The Great Advantages Of A Trust Is That They Are PrivateFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com one of the great advantages of a trust is that it is a private document. That means that it doesn't have to be filed with any government agency. That does mean, though, that it's important to keep the originals, and that the next trustee to come after you knows where they are, that means they need to be accessible whether that be in a safe, or maybe just simply in a bedroom closet. It's also important to make sure there are copies, often digital copies. But not...

2023-10-1202 min

Passing It On: Estate Planning for Families Alternates In Estate Planning. They're ImportantFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com I'm diving into a crucial aspect of estate planning - the importance of having alternates. Imagine your chosen executor or trustee isn't available when needed. That's where alternates come in! They're like backup quarterbacks, ready to step in when the game is on the line. 🏈 In this video, I'll break down why having alternates for key roles in your estate plan is a game-changer. From executors to healthcare agents, we'll cover it all. Stay tuned to learn why these substitutes are vital for a seamless estate planning str...

2023-10-1102 min

Passing It On: Estate Planning for Families Keep The Government Out Of Your InhertianceFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday keep the government out of passing your home on to your kids after your are dead. Avoid probate by putting your home inside of a living trust instead of giving $50-$100,000 to courts and lawyers. #EstatePlanning #LivingTrust #Pevney #fillthatbucket, #Realestate #FinancialIndependence.

2023-10-1001 min

Passing It On: Estate Planning for Families The Top Three Benefits Of Putting Real Estate In A TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Putting real estate inside of a living trust has many benefits. Here are the top three. One. avoid probate. Probate is the government controlled in court supervised asset distribution program that your home will have to go through if you pass away without your home being inside of a trust. To. we want to protect that property from creditors, bankruptcies, future expenses of our beneficiaries. Three. We also want to protect our Beneficiaries come off in time children from fighting with eachother. ##EstatePlanning##LivingTrust##FillThatBucket##Pevney##financialfreedom...

2023-09-2808 min

Passing It On: Estate Planning for Families The Importance Of Alternates In An Estate PlanFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com if the beneficiary of a trust dies before you do, we always want to have alternates. Contingencies, back ups, and alternates are an essential part of estate planning because it can cover so many different situations without having to go back and change the trust. One of the many reasons that a trust is better than a will. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-2702 min

Passing It On: Estate Planning for Families The Trustee Is The Person With Legal Control Of Property In The TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com the trustee is the person that controls the property inside of a trust. For most of my clients, I set up a revocable living trust. That means that while you are alive, and you are in complete control of the trust. Once we are gone, we need to select a successor trustee. The successor trustee has the legal control of the property inside of the trust. But that doesn't mean they get to do whatever they want with it. They have to follow the rules of the...

2023-09-2502 min

Passing It On: Estate Planning for Families Why Everybody Needs An Estate PlanFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Everybody, no matter their level of wealth, needs certain estate planning documents. These are the four that are essential . One. A will to tell people where you want your property to go. Two. An advance healthcare directive to tell medical professionals your end of life decisions and also to nominate healthcare representatives to make decisions on your behalf in case you can't do it. Three. Financial power of attorney so that somebody can pay the bills. Remember it's always important to have alternates for all of these...

2023-09-2007 min

Passing It On: Estate Planning for Families A Will Is Not A Private Document. It Is Open To The Public Once It Is Filed After Your Death.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday wills or not a private document. Trusts are private documents. One of the huge benefits of a living trust over a simple bill. Is that the revocable trust will not have to go through probate. I create estate plans for family is all over California. My office is in Orange County, but I help people all over northern and southern California set up complete Estate plans. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-1901 min

Passing It On: Estate Planning for Families Why To Use A Trust For HomeownersFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a Trust should typically be the primary estate planning document for California residence that own real estate, or have a little kids. Before that it's always a good idea to have a basic estate plan, including a durable, power of attorney, advanced, healthcare, directive, and simple will. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-1802 min

Passing It On: Estate Planning for Families Paying Your Paretns' Mortgage Doesn't Mean You Own Their HomeLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-09-1505 min

Passing It On: Estate Planning for Families Trust Beneficiaries Get To See A Copy Of The TrustFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com what if you are a beneficiary of a trust, and the trustee won't give you a copy? They may be in breach of their duty. Trustees have a very important job. They have to follow the law, which in many jurisdictions includes giving the beneficiaries a copy of the trust so they know what they are entitled to, and how they are going to receive their inheritance. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-1401 min

Passing It On: Estate Planning for Families A Living Trust Is A Private Document That Doesn't Have to Be Filed With ANY Government AgencyFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a living trust or a trust of any kind is not filed with any government agency. Owen hast to do is be signed by the people that set up the trust in the trustee. It should also be either witnessed or notarized. I prefer notarization. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-1302 min

Passing It On: Estate Planning for Families Being A Trustee Is A Job, And A Trustee Of A Trust Can Get PaidFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com a trustee controls the money inside of a trust. It is a job, and trustees typically have the right to get paid a reasonable rate. If you can't find somebody trustworthy enough to be a trustee, there are professional fiduciary's out there that can do the job. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-1002 min

Passing It On: Estate Planning for Families Five things I would never do after watching videos about five things Other Professionals would never doThere has been a trend lately in the podcast and TikTok community with professionals talking about the five things that they would number two as a professional. Here is my break down for all different professions of the five things that I would never do based on watching 100 or so videos about the five things other people the things other people would never do. Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday the five things I would never do afterf he owes about five things. Other people would number two. #EstatePlanning #LivingTrust #FillThatBucket...

2023-09-0403 min

Passing It On: Estate Planning for Families Don't Leave Estate Planning To Your Spouse After You're GoneFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com it's so easy to say that you can let the spouse you leave behind, do their own estate planning, but is that the right thing to do? Spouse may be grieving, elderly, incapacitated, and may not like the idea of doing this, without the person they spent the majority of their life with. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-09-0102 min

Passing It On: Estate Planning for Families If you have a house on with a mortgage on it. Guess what? You still own that house.Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com If you have a house on with a mortgage on it. Guess what? You still on that house. Yes, the banquet for clothes on it. If you don't pay the mortgage, but if you look at the deed to your property in the county records, your name will be on it. That means you can put it into a living trust as part of a complete estate plan #onthisday #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-08-2901 min

Passing It On: Estate Planning for Families Beware Of Using a Document Preparation Service (Like LegalZoom) To Set Up Your Estate PlanFree Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com #onthisday beware of using a document preparation, service like LegalZoom to create your estate plan. I find that there is a lack of follow through, in fact, I get a lot of my clients from people who start at their plan, using LegalZoom. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

2023-08-2501 min

Passing It On: Estate Planning for Families Protect A Child's Inheritence From DivorceBuilt a wall around your child's inheritance and protect it from a potential ex-spouse and creditors. LEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate...

2023-08-1604 min

Passing It On: Estate Planning for Families Life Insuance Can Be A Part Of A Complete Estate PlanLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-08-1206 min

Passing It On: Estate Planning for Families Beneficiary Designations Rule The Day In Estate PlanningLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-07-2206 min

Passing It On: Estate Planning for Families What Happens To Your Trust After You DieLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-07-1105 min

Passing It On: Estate Planning for Families 4 Ways To Keep Your House Out Of ProbateSell it, on it with someone jointly, use a transfer on death deed, or put it inside of a revocable living trust. LEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number...

2023-07-0408 min

Passing It On: Estate Planning for Families 4 Dangers Of A Do It Yourself Estate PlanLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-06-2507 min

Passing It On: Estate Planning for Families 5 Ways To Avoid Probate With Good Estate PlanningThe probate process can be avoided by these five estate planning techniques. Find out how. LEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning...

2023-05-3107 min

Passing It On: Estate Planning for Families When Is It Time To Get An Estate Plan?Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession LEAN MORE: https://www.ocestateplanlawyer.com Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-05-2104 min

Passing It On: Estate Planning for Families Do Trusts Pay Taxes?Yes. Trusts pay taxes once they become irrevocable. If you have a living trust, while you are alive, there is no difference as far as the IRS is concerned between you as an individual and the trust. Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession LEAN MORE: www.ocestateplanlawyer.com Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very...

2023-05-1604 min

Passing It On: Estate Planning for Families Where To NEVER Store Your Estate PlanLEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years and realizing how important estate planning is, and how few people actually have an estate plan. You would be SHOCKED how many...

2023-04-2706 min

Passing It On: Estate Planning for Families How To Hire An Estate Plan LawyerFinding a lawyer can be hard. Here are a few guidelines about how to hire one to create your estate plan. LEARN MORE: https://www.ocestateplanlawyer.com Please comment with your estate planning question. I am usually able to respond with an answer and sometimes. . . even a video! FREE ESTATE PLANNING STRATEGY SESSION: https://calendly.com/mpevney/strategysession Email Us: michael@ocestateplanlawyer.com Call Us: (949) 377-2996 Estate planning is for EVERYBODY. Not just the very wealthy. I started this law firm after practicing law for a number of years...

2023-04-2608 min