16th May 2013

I frequently tell people that California is a “living trust state”, because the revocable, living trust is the preferred method of estate planning for most people living in California. The alternative, the traditional will is not the favored method of … more

6th May 2013

Dwight Edward Tompkins,Orange County Living Trust Lawyer. Orange, California.

30th Apr 2013

Side by side with estate planning is retirement planning.  Here are some important things to know: 1.  Outline your retirement goals.    2.  Know key dates.  For example, there is a 7 month window for enrolling in Medicare beginning 3 … more

26th Apr 2013

The Obama “Green Book” Budget for 2014 proposes the estate tax revert back to 2009 rates.  On page 138, the Administration states: “Beginning in 2018, the proposal would make permanent the estate, GST, and gift tax parameters as they applied … more

Estate Planning Attorney in Orange County Expounds on the Benefits of Living Trusts

By : | Category : california estate planning, living trust, Orange County, will | Comments Off on Estate Planning Attorney in Orange County Expounds on the Benefits of Living Trusts

10th Jan 2013

Probate, while providing a legal mechanism for the transfer of property from the decedent to his beneficiaries, has developed into a tedious, costly and open process.  Hence, the avoidance of this process may be seen as one key objective in … more

What Happens When a Person Becomes Incapacitated and Does Not Have a Designated Agent?

By : | Category : california estate planning, Incapacity Planning | Comments Off on What Happens When a Person Becomes Incapacitated and Does Not Have a Designated Agent?

26th Dec 2012

One of the reasons why a person plans his estate is to ensure the proper transfer of his estate to his designated heirs when he dies.  Another contingency however, that a person must watch out for is his becoming incapacitated. … more

Why do I Need Estate Planning for My Estate in Orange County?

By : | Category : Attorney, california estate planning, estate plan, Estate Planning, Orange County | Comments Off on Why do I Need Estate Planning for My Estate in Orange County?

19th Dec 2012

To answer this question, you have to know first what estate planning is. It is a series of activities that allows you to systematize your  assets during your lifetime so as to provide for yourself and your heirs when you … more

15th Dec 2012

DWIGHT EDWARD TOMPKINS,Estate Planning Lawyer. Tompkins-Law.com 

9th Dec 2012

Dwight Edward Tompkins,Estate Planning Lawyer. Tompkins-Law.com 

2nd Dec 2012

No.  As the creator of the trust, you have 2 powers that give you ultimate control over the Living Trust:  The power to amend the trust, and the power to revoke the trust.  Also, during your lifetime, as long you … more