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Our lead attorney, Tony J. Tyre, was accepted into an advanced legal coaching program called Advanced Growth Mastermind (AGM) . At this retreat, Tony was able to collaborate and brainstorm with nineteen other attorneys to discuss how best to serve our clients and community, in addition to discussing potential changes and challenges to the legal [...]
Prince When singer Prince passed away unexpectedly in 2016, he left no trust or will, leaving his $200 million estate up for grabs Multiple heirs came forward claiming an interest in the estate, resulting in a tumultuous legal battle Outcome: It took six years and cost millions of dollars to settle the Estate, with the [...]
Our firm, The Law Office of Tony J. Tyre, Esq, APC, with Offices in Covina and Temple City, California always offers complementary estate planning consultations to educate our clients and our community about the benefits of estate planning. Estate planning is an essential part of preparing for the future, so a free estate planning consultation [...]
Previously, I discussed the types and applications of various Special Needs Trusts (SNTs). I highly encourage you to review the previous article for comprehensive information on the subject. However, here is a brief synopsis of my previous article for your reference: A Special Needs Trust is a type of trust created to address the long-term [...]
https://www.youtube.com/watch?v=CRx5ormTXAg There can be some confusion regarding the different terminology associated with Trusts. Attorney Allyson S. Heller sits down to discuss the most important Trust terms. Trustor, sometimes referred to as the Settler or Grantor., A Trustor is the person or in the case of a married couple the persons who create and [...]
We are honored to be voted once again as San Gabriel Valley’s best in "Living Trust Attorney" and "Legal Services" by Pasadena Star-News, San Gabriel Valley Tribune, and Whittier Daily News. We extend our heartfelt thanks to our clients for this esteemed recognition. Recently featured in USA Today’s "Estate Planning 101," we are dedicated to [...]
Many people visit our office holding their parents' family home within a trust created by their parents, often years after both parents have passed away. What most of these people don't realize is that once a trust has fulfilled its purpose, it should typically be defunded, and the assets should be transferred to a new [...]
Understanding the Differences & Benefits of Trusts and Wills in Estate Planning Covina, CA Trusts and Wills are the two of the most commonly used estate planning documents, and they form the foundation of most estate plans. While both documents are legal vehicles designed to distribute your assets in Covina, and through California, how they [...]
Estate planning is a process that allows you to protect your loved ones by avoiding the expensive and time-consuming probate court process. Estate planning is not just for older adults but is equally important for young adults who have recently gained legal independence. This planning ensures that parents can continue to support their children in [...]