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Over two years after the “Stay at Home” order went into effect, with Omicron, many people still feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise. Although having a living trust or will, [...]
When it comes to estate planning, people tend to have misconceptions about living trusts, many of which stem from secondhand accounts from unreliable sources. Below, I discuss three of the biggest myths about living trusts: Myth #1 “Only rich people need trusts.” By far the most common misconception I hear from clients is that they [...]
COVINA, CA / ACCESSWIRE / September 21, 2021 / Today, The Law Offices of Tony J. Tyre, Esq. APC announced a trend in rising numbers of families seeking estate planning. As more and more people have been coming to grips with their own mortality, due to the COVID-19 pandemic, they are seeking ways to get [...]
Over a year after the “Stay at Home” order went into effect, many people still feel overwhelmed and helpless, which is why now, more than ever, it is important to ensure that you and your loved ones are adequately equipped to handle whatever challenges may arise. Although having a living trust or will, directing the [...]
“Planning is bringing the future into the present so that you can do something about it now.” ~ Alan Lakein During this time of unprecedented uncertainty, it can be difficult to think about planning far ahead, to a time when they are no longer here, but what they fail to realize is a large part of [...]
Family law includes nearly every area of law; however, the purpose of this blog post is to explore some estate planning considerations in the context of a divorce. This post is limited to estate plans drafted in California and divorces taking place in California, as each state may have different laws. If you have an [...]
What is a Living Trust? A "Living Trust", or a revocable trust, is a trust created by an individual during their lifetime to store their assets until they die. After they die, their assets are transferred to their beneficiaries by a “successor trustee” appointed by them. Two Major Reasons Why You Need a Living Trust [...]
