Estate Planning Attorney Located in Costa Mesa
Modern Wealth Law is an estate planning law firm located in the heart of Costa Mesa across from South Coast Plaza. We serve Costa Mesa individuals, families and business owners with their estate planning, trust and probate needs. The approach of each Costa Mesa Estate Planning Attorney at Modern Wealth Law is simple: we listen. We listen to your estate planning goals, we learn about your family situation and understand your overall financial picture, so that we can prepare a customized estate plan to protect your family and your assets. Regardless of your situation, we have the estate planning experience to guide you through this estate planning process.
Background and Expertise of Each Costa Mesa Estate Planning Attorney
Each of our attorneys are knowledgeable of the many unique issues specific to Costa Mesa residents. Estate planning in Costa Mesa requires a vast knowledge of Costa Mesa property taxes, including HOAs and Mellos Roos.
Costa Mesa Estate Planning Attorney, John L. Wong has represented some of the most well-known estates in the country, including the Estate of Michael Jackson and the Estate of Britney Spears. John’s clients in Costa Mesa range from working professionals and small business owners to the mass affluent and high net-worth individuals. John has represented generations of families, from a great grandmother at 95 years of age, to her great grandson at 25 years of age.
Costa Mesa Estate Planning Attorney, Anh P. Tran previously worked at Ayco, a Goldman Sachs company located near Costa Mesa, where she advised executives of Fortune 100 companies on estate and tax planning issues. Anh continues to work with executives of large companies and tech startups in the Costa Mesa area.
As the founding shareholders of Modern Wealth Law, John and Anh continue to work closely with residents and business owners throughout Costa Mesa and Orange County.
What is Estate Planning?
Estate planning refers to the management of your estate. Estate planning may name certain people to be in charge of financial and medical decisions for you and name guardians for your minor children. Estate planning may also direct the distribution of your estate, either before or after your death. We have worked closely with several families living in Costa Mesa to prepare customized estate plans that fit their individual goals. Our estate plans include the following documents:
- Revocable Living Trust
- Pour-over Will
- Durable Power of Attorney for Finances
- Advance Health Care Directive
- Medical Power of Attorney
- Trust Certification
- Trust Funding (Transferring Your Home to Your Trust)
Who Needs Estate Planning?
Each family has unique concerns, wishes and family situations that will require customized estate planning. As an Costa Mesa Estate Planning Attorney who has worked with hundreds of families to accomplish their estate planning goals, we know that no two estate plans are the same. Even for families that fit the “traditional” mold, there are several issues that are specific to each individual. When choosing your estate planning attorney, if your estate planning attorney is able to prepare your estate plan based off of a simple questionnaire, or a 15 minute phone conversation, you are not getting the estate planning guidance you need and deserve.
Although there are many issues unique to each family, most people need estate planning for at least one, if not all, of the following reasons:
- If you want your family to avoid probating your assets, you will likely need an estate plan.
- If you don’t want the State of California to designate your heirs, you will need an estate plan.
- If you want to ensure that your minor children are taken care of, you will likely need an estate plan.
- If you would like to avoid paying a 40% estate tax, you will need an estate plan.
Planning for these issues now will save you and your family time, money and several headaches later.
Free Consultation With Our Costa Mesa Estate Planning Attorneys
For a free consultation, or to learn more about how the Costa Mesa Estate Planning Attorneys of Modern Wealth Law can assist you with your estate planning needs, including living trusts, wills, probate administration and trust litigation, email us by contacting John Wong, an Orange County Estate Planning Attorney or call us at (949) 371-5003 to schedule an initial consultation. We also serve clients throughout Orange County and Los Angeles County with offices in both Costa Mesa and Century City.