Tag Archives: beneficiaries

Orange County Estate Planning Attorney: Avoid This Common Beneficiary Mismatch

As an Orange County estate planning attorney, I have seen many unfortunate circumstances where a person goes through the time and expense of having an estate plan created, only to fail to update their beneficiaries on their financial or retirement accounts before they pass away. An example of this would be Mary naming her brother […]

Newport Beach Estate Planning Lawyer: How to Use Trusts to Protect Your IRA from an Irresponsible Child

A lot of parents come into our Newport Beach estate planning law firm with mixed feelings passing on the balance of their retirement accounts to their children when they die someday. On one hand they are proud of the money they have saved over their lifetime in an IRA; on the other hand, they worry […]

Orange County Probate Lawyer: What Happens If Your Child Dies Before You?

The majority of people we see in our Orange County estate planning law firm name their adult children as beneficiaries of their estate plan. In most cases, this works well because children typically outlive their parents. But, what happens when a child dies before the parent? What becomes of the inheritance that a parent plans […]