Tustin Estate Planning Lawyer
You’ve spent years or even decades building your estate, putting in long hours at work, and creating a legacy that lasts. You deserve to protect that legacy with an estate plan that is customized to fit your needs and long-term goals. The Tustin estate planning lawyers at Modern Wealth Law have helped families from a variety of backgrounds create estate planning documents that address their unique circumstances and assets.
The team at Modern Wealth Law, APLC is passionate about helping families and individuals throughout the Tustin area protect their assets with comprehensive estate plans. Founded by attorney John L. Wong, Modern Wealth Law has been serving people in your community for over two decades. No matter what assets you have and where you are in the estate planning process, our team is committed to working with you to create and maintain your ideal estate plan.
Located minutes from Central Park West Irvine, Modern Wealth Law is conveniently located in Suite 950 at 2600 Michelson Drive. You’ll find us a short drive from I-405 and California State Route 55. Call us at 949-371-5003 to schedule a consultation to discuss your concerns with our estate planning attorneys.
Recent Review:
“Tiffany and her team did a phenomenal job with our family’s estate plan. Everyone we interacted with in their office was kind, knowledgeable, and easy to work with. Can’t recommend Modern Wealth Law enough.”
The Basics of Estate Planning in Tustin
Estate planning addresses some of the most important questions that may come up regarding the handling of your assets and the care you receive in your later years. As you begin working with our estate planning law firm, we’ll work through a variety of questions to get a thorough understanding of what you want this stage of life to look like and how you would like your assets to be passed down after your passing.
Some of the topics you’ll need to think about to build your estate plan include what type of medical care you want if you are unable to advocate for yourself, who will handle your medical and financial matters should you become incapacitated, who will inherit your assets, who will be entrusted with the care of your minor children, and how you can protect your family from disputes over what you’ve worked so hard to build. As we tackle each of these issues, we’ll also consider how to protect assets from creditors, estranged family members, and unnecessary taxes.
Estate Planning and Probate in Tustin, CA
At Modern Wealth Law, our estate planning attorneys have extensive experience in estate planning issues affecting Tustin residents. Attorney John L. Wong, founder of Modern Wealth Law, built his career working on some of the most publicized estates in the country, including those of Michael Jackson and Britney Spears. His experience is not limited just to the celebrities; he is proud to work with those who have amassed their assets throughout their careers to those who have created a legacy via business ownership or generational wealth.
You can look forward to personalized and empathetic representation from attorney Tiffany K. Chiu, whose multifaceted background in tax law and estate planning puts her in the ideal position to help clients make their estates as tax-efficient as possible.
Essential Estate Planning Documents
Your estate plan will contain a wide range of documents, each intended to execute a different part of your plan. It’s likely that your estate planning lawyer will recommend a revocable living trust, which contains your assets and allows those assets to be passed to beneficiaries without going through probate. Another important part of your estate plan is your will. While the will is what many people think of as the most important part of an estate plan, it is strongest when used in conjunction with a living trust. Furthermore, a will allows you to name a guardian for your minor children.
Other crucial documents include a durable power of attorney, an advanced health care directive, trust certification, and funding documents. As we go through the process, your estate planning lawyer will help you check every one of these off the list.
Advanced Estate Planning Tools
The documents we just discussed are sufficient for many families and individuals with traditional assets. However, there are cases in which advanced estate planning tools may be recommended. There are numerous types of trusts beyond the standard revocable trust, and depending on your circumstances, we may suggest one or more of them to meet your goals. Other types of trusts include gift trusts, life insurance trusts, generation-skipping trusts, Asset Protection Trusts (APTs), and grantor/non-grantor trusts.
Schedule a Consultation With Our Tustin Estate Planning Law Firm
During your initial consultation, we’ll explain how the estate planning process works, the services we provide, and how we can help you make the most of everything you’ve built. Set up a time to meet with our Tustin team now by calling us at 949-371-5003 or filling out our convenient online contact form.
