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23041 Mill Creek Drive

Laguna Hills, CA 92653


Phone: (949) 855-9250

Fax: (949) 380-1128

email: gbeck@beck-christian.com

Making a difference, one client at a time.

Contact Laguna Hills Attorneys Beck & Christian

Beck & Christian, APC

Disclaimer:

The information contained herein is provided for informational purposes only, and is not intended to serve as legal advice. You should not act or fail to act based on the information on this website. This website contains general information only, and may not reflect recent changes to the law. All cases differ – please contact an attorney in your area to get legal advice as it pertains to your case. Attorneys Gregory Beck and Stephen Christian are licensed to practice law in the State of California.


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The Law Firm Beck & Christian helps clients preserve their assets, avoid probate, minimize tax consequences, and maximize the transfer of wealth to successive generations through the use of Advanced Estate Planning techniques. Attorney Stephen Christian and Greg Beck have been serving the needs of successful individuals and providing clients with peace of mind since 1978. Attorney Beck is certified by the California State Bar’s Board of Legal Specialization as an Estate Planning Specialist.


Contact Laguna Hills Advanced Estate Planning Lawyers Beck & Christian today at (949) 855-9250 to schedule a consultation with one of our skilled Estate Planning Attorneys. We differentiate ourselves from the large law firms by providing highly personalized service, and enjoy long-term relationships with our clientele. We are dedicated to going the extra mile for all of our clients, and work diligently to exceed expectations. At Beck & Christian, we help contribute to your success by offering cost-effective legal assistance in a timely and professional manner.


Advanced Estate Planning Techniques in Laguna Hills

At Beck & Christian, we are highly knowledgeable with respect to all Advanced Estate Planning techniques and thoroughly understand the tax consequences of each. By working with our clients to obtain a clear and concise picture of their business and financial interests, we will determine the most effective way to implement a comprehensive estate plan.


Our expert and skilled lawyers provide legal counsel in a broad range of Advanced Estate Planning matters, and can help you devise and establish the following:

Laguna Hills Advanced Estate Planning Attorneys

Charitable Estate Planning

Charitable Lead Trusts

Charitable Remainder Trusts

Dynasty Trusts

Family Limited Partnerships

Generation Skipping Trusts

Grantor Retained Interest Trusts

Irrevocable Life Insurance Trusts

Irrevocable Trusts

Protective Trusts

Qualified Personal Residence Trusts

Revocable Trusts


Laguna Hills Advanced Estate Planning Lawyers at Beck & Christian have been helping clients protect and preserve assets accumulated via their interests in a closely held company, successful investment planning, retirement accumulation, inheritance or executive compensation packages for 35 years.


Contact an Expert Estate Planning Lawyer from Beck & Christian

Whether you are the owner of a closely held company or have established a significant amount of wealth and want to draft a comprehensive Advanced Estate Plan to provide for your heirs and minimize the tax consequences, contact Laguna Hills Estate Planning Attorneys at Beck & Christian by calling (949) 855-9250.



Estate Planning FAQ | Beck & Christian, APC


What is advanced estate planning?

Advanced estate planning may be your best option for preserving your wealth for successive generations. It goes beyond the basic will and trust format of traditional estate planning while helping to minimize tax consequences for you and your beneficiaries. Our attorneys work with legal tools designed to eliminate or reduce estate taxes. Advanced estate planning strategies can strengthen your current estate plan by protecting assets, furthering business objectives and creating your legacy.


The size of your estate will determine exactly which planning tools will be used to help you successfully transfer your wealth. Advanced estate planning includes the use of many devices including trusts, a will, health care directive, power of attorney and business succession plan. Trusts can be implemented in any number of ways to provide advantages for you during your lifetime and for your beneficiaries after your death.


Our attorneys are highly experienced in gift and estate taxation issues. We can help you understand the tax implications when transferring property. There may be tax exemptions available.


Do I need a will in California?

Before deciding if you need to write a last will and testament, you may want to consider how you want your property to be treated after you die. We realize this may not be an easy prospect, but we think you already have some idea of the way you’d like things to proceed if you were unexpectedly out of the picture.


If you are over the age of 18, regardless of the number of assets you possess, you should have a will. The will comes into play only after your death. It is a legal document by which you direct the handling of all of your possessions, property, and financial accounts. If minor children are involved, you will appoint a guardian to be responsible for their care.


Without a will, your assets will be distributed following California’s laws of intestate succession. These laws are part of California’s Probate Code. Without a will, your assets will need to be evaluated and appraised. Intestate succession laws direct assets to be distributed following a beneficiary hierarchy. This process will be completed in this manner even if it is not the way you would have wanted. This is why establishing a will is often the first component of a comprehensive estate plan.


What is a living trust?

A living trust outlines the manner for managing an individual’s assets during one’s lifetime and after one’s death. Also known as a revocable trust, it is a legal document that can offer many benefits for an individual and his or her beneficiaries.


By establishing this trust, you are the trustor. With a living trust, you can designate yourself as the trustee if you wish. You will also appoint a representative to be the successor trustee after your death. The trustee has a responsibility, or fiduciary duty, to ethically and legally manage the trust closely following its terms. Although the trustee is the legal owner of the trust’s assets, the trustee cannot use these assets for personal gain. Such self-dealing would constitute breach of fiduciary duty and legal action may be required.


A living trust must be funded appropriately. This trust holds your assets, property and financial accounts and transfers them to beneficiaries after your death. Because the trust owns the assets, your estate will save time and money by avoiding the probate process. A living trust can help you minimize current and future taxes while maintaining control of your legacy.


With a living trust, you may also gain peace of mind knowing that you are in control of your assets during your lifetime. Many people also feel relieved knowing that ownership of assets will only transfer in the exact manner and at the exact time they have specified in the trust.


Who should be chosen as the trustee?

Choosing a trustee may be one of the most important decisions you make when creating an estate plan. When establishing a trust, it is necessary to name a person who will be responsible for managing your estate when you can no longer do it. Thoughtful consideration should be given before a trustee is chosen.


If you create a living trust, you can name yourself as trustee now and you can identify a successor trustee to take over after your death. Other types of trusts require another individual or professional trustee. The trustee should be a person who has extensive experience handling financial and legal responsibilities.


The trustee will play a key role overseeing all aspects of the trust. This person has a critical part in managing the estate and fulfilling the trust’s obligations. It is generally recommended that a trustee should be financially sound, capable of following through on complex transactions, and resistant to potential family or emotional drama which can arise after the death of a loved one.


In many circumstances, choosing a professional or trust administration lawyer as trustee can reduce or eliminate concerns for you and your family because you know matters will be handled appropriately.



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