Estate Planning Lawyers for Long Beach residents
MORTENSEN & REINHEIMER, PC serves Long Beach individuals and families with their estate planning, trusts and probate needs. Our firm is dedicated to providing each of our clients with a high level of personal attention in the preparation of their estate plan. As such, we are readily available to answer your questions. Our attorneys meet with you to discuss any changes to your estate plan, especially as tax laws change, and also any new opportunities.
At MORTENSEN & REINHEIMER, PC, we typically build long-term relationships with our clients. We utilize a combination of tools to document your wishes, protect your estate from over-taxation and government interference, and provide for your loved ones. Our primary aim is to ensure that your estate plan accurately reflects your desires and also safeguards your wealth.
The Building Blocks of Estate Planning
Our basic estate planning services include:
- Revocable Living Trust,
- Pour-Over Will,
- Power of Attorney for Financial Matters,
- Power of Attorney for Health Care (Advance Health Care Directive),
- Certificate of Trust, Community/Separate Property Agreement (If Married), and
- Real property deed to fund your trust.
As skilled estate planning attorneys, we can provide the legal help you need, from assisting you with preparing a will or living trust to litigating an estate in probate court.
Asset Protection
Another important aspect of estate planning includes asset protection strategies. Depending on your need, protecting your assets can include:
- Premarital and post-nuptial agreements
- Reducing estate taxes and avoiding probate
- Creating a charitable foundation or charitable remainder trust
- Conservatorship avoidance
- Family limited partnerships and limited liability companies
- Insurance trusts
- Long term health care insurance
Business Planning
As part of our estate planning services, MORTENSEN & REINHEIMER, PC also advises clients on the proper formation of family partnerships and LLCs for the transfer of personal assets to reduce or avoid federal estate tax liability. For entrepreneurs and new business owners, our attorneys will advise you on the proper business entity to fit your capital structure, risk tolerance, and management philosophy.
Probate Administration
Probate is the legal process of administering the estate of a deceased person, accomplished by resolving all claims and distributing the property of the deceased under a valid will. A probate interprets the instructions of the deceased, decides the executor of the estate, and determines rights and obligations heirs and other parties who may have claims against the estate.
Avoiding probate will normally save substantial costs (the probate courts, in some states, charge a fee based on a percentage net worth of the deceased), time, and maintain privacy (the probate records are available to the public, while distribution through a trust is private).
To learn more about our estate plans, living trusts and probate services call MORTENSEN & REINHEIMER, PC at (714) 573-7149, or e-mail us at info@ocestateplanning.net. We will immediately contact you to set up a free initial consultation.
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