estate planning

Estate Family Battles

No matter how close the family, money problems of a family member could upset an entire estate plan. For example, the Settlor wants to leave the remainder of the estate to her children to be divided equally upon her death. However, one of the children during the Settlor’s lifetime runs into financial difficulties. The child turns to the only source he or she can think of to get out of the jam, the Settlor. In most cases the Settlor is elderly, loves the children equally, but the Settlor does not have the heart to tell this needy child no. Creative trust drafting can solve this problem. For example, the trust can be written to provide loans to a beneficiary who needs the money now, versus later. The trust can provide for either a no interest payback or early distribution if the estate funds are sufficient.

Orange County Trust Attorney

If you are concerned about this type of problem, or if you have other concerns, contact the Law Offices of Lawrence H. Nemirow at 562-799-1379 or visit our website or contact your local trust attorney. It is always better to anticipate and minimize future problems now to avoid a family battles in the future.

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ABOUT OUR FIRM

We Specialize In Estate Planning, Probate, Wills And Trusts, Insurance Law And Business And Corporate Law.

I was licensed to practice law in the State of California on June 6, 1996. I then formed The Law Offices of Lawrence H. Nemirow, PC to serve communities of Los Angeles County and Orange County with their legal needs. I am licensed to practice before all of the Superior Courts in the State of California, the U.S. District Court for the Central District of California, the U.S. District Court for the Southern District of California, and the United States Court of Appeals for Veterans Claims.

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