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Ocean Estate Law: Ocean Estate Law - Jennifer Elliott, Esquire
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One of the most common things we hear from prospective clients is, “My friend told me I should just add my kids to the title of my house so they avoid probate.”
At first glance, it sounds simple enough. Many parents believe adding a child to title is an easy, inexpensive shortcut to avoid court involvement after death. Unfortunately, this decision can create serious le...
Over the last several years, online “do-it-yourself” (or DIY) estate planning has exploded in popularity.
For a relatively low cost, websites promise families they can create a trust, will, powers of attorney, and healthcare directives in less than an hour, all from the comfort of their couch.
One of the most difficult conversations we have with families is when someone comes into our office after receiving a diagnosis of dementia, Alzheimer’s disease, or another form of cognitive decline and asks us, “Can we still update Mom or Dad’s trust?” or “My wife and I want to make changes to our estate plan. Is it too late?”
A couple of months ago, a prospective client came into our office carrying a thick folder that looked like it had survived two decades of life changes, moves, and filing cabinets. Inside was a 20-year-old living trust she had originally created with her late husband.
At first glance, her request sounded simple: “Can’t you just amend my trust?”
But as we...
Estate planning isn’t something you do once and forget about.
At Ocean Estate Law, we regularly meet clients in San Clemente, Laguna Hills, and throughout Orange County who created an estate plan years ago—but haven’t revisited it since.
Life changes. Laws change. Your plan should too.
Why Updating Your Estate Plan Matters <...