17th Aug 2013

Frequently, having a family meeting about your estate plan may help you with your goals of protecting and providing for your family.  A family meeting often will help in generally preparing your beneficiaries for future inheritances and responsibilities (or lack … more

7th May 2013

Selecting the right person to be the trustee or successor trustee is the most important decision in forming a living trust.    It is not by mistake that “trusts” are called “trusts”. I recently was retained by someone whose mother had … more

10th Mar 2012

Orange County California Estate Planning Lawyer Dwight Edward Tompkins explains the basics of the Estate Tax and how important it is to plan for Estate Taxes when forming an estate Plan. Whether planning with a living trust or a will, … more

17th Dec 2011

Presented by Orange County Estate Planning Attorney, Dwight Edward Tompkins. CaliforniaFamilyTrusts.com  .  This blog is intended is intended for informational purposes only and is not intended as a substitute for legal advice by a qualified attorney in your jurisdiction.

10th Dec 2011

Presented by  Orange County Estate Planning Attorney, Dwight Edward Tompkins.   714 385-0044.  CaliforniaFamilyTrusts.com This blog is intended for informational and educational purposes only, and is not a substitute for legal advice from a qualified attorney in your jurisdiction. 

The Best “Jobs Bill” May Really Be Trade Reform

By : | Category : Economics, Estate Planning, Estate Taxes, Families, Living Trusts, Orange County, Policy, Tax Policy | Comments Off on The Best “Jobs Bill” May Really Be Trade Reform

17th Sep 2011

Food for thought: “Foreign producers receive subsidies, tax abatements, free buildings, free energy.  They do not pay taxes.  They don’t have to pay Social Security, workman’s comp, disability or health care.  They don’t have to match a 401(k) contribution.  They … more

18th Jun 2011

Without a living trust and/or powers of attorney for management of finances and assets, you will end up in a “legal twilight zone” if you become incapacitated. Even a Will cannot help you or your family if you are incapacitated, … more

NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

By : | Category : Children, Estate Planning, Estate Taxes, Families, Family Business, Gift Tax, Lifetime Gifts, Orange County, Tax Planning | Comments Off on NEW LIFETIME GIFTING RULES CAN REALLY HELP FAMILIES

14th May 2011

The new law signed by the President in December gives owners of family businesses probably the biggest tax beak to come along in many years. That break is the lifetime gift exemption, now $5 Million, for the next two years … more

24th Apr 2011

Last year, a lawyers group, Wealth Counsel, conducted a survey of estate planning lawyers from all over the US.  I participated in the survey. 63% said they opposed repealing the estate tax.  32% said they supported taxing “beneficiaries who did … more