What To Do When Your Family Is Arguing Over Inheritance

Unfortunately, surviving family members often argue over inheritances, even when prior to your passing things seemed harmonious. This is particularly common in blended families when spouses have children from a previous marriage.  

Your inevitable passing may be an uncomfortable topic to discuss with family, but it is important that they understand your wishes.

The best way to tackle this involves retaining a competent attorney to establish your estate plan. A legal professional will give you the tools and knowledge necessary to provide financial security, protection, and a plan for your family. Formalizing your plans will help minimize the risk of disputes in the future.

Our talented estate planning attorneys have the knowledge, skills, and experience necessary to successfully draft your trust, will, and other planning documents, and guide you through the process to ensure your peace of mind and resolve any family disputes. Contact Tresp Law, APC. today at 858-248-2779 to schedule a free consultation.

When Is the Best Time To Create An Estate Plan?

Many people are curious about when it is the right time to create an Estate Plan. The answer is, as soon as you become an adult. As a legal adult, you become responsible for keeping track of all your financial matters. It is important to think about where you want your assets distributed, but as a young adult, thinking about estate planning seems like a far off concern.

Throughout your life, you experience normal steps taken that foreshadow prioritizing your Estate Plan. The big events in your life, such as opening a savings account, buying real property, getting married, having children, inheritance, divorce, or travel can all highlight the need for Estate Planning. Changes in life can occur at any time so it is essential that matters get taken care of and are in writing.

When you have your first child, it is crucial to identify a guardian to care for your child in the unfortunate event of your incapacity. When creating a will, usually a guardian is nominated for your children. As time passes by, you will need to update your will.

Don’t wait till the last minute to create your Estate Plan. Our talented estate planning attorneys have the knowledge, skills, and experience necessary to successfully draft your trust, will, and other planning documents, and guide you through the process of estate planning to ensure your peace of mind. Contact Tresp Law, APC. to learn more about the estate planning process. Call us any time at 858-248-2779 for a free consultation.

What is a Boutique Law Firm?

As a "boutique" law firm, Tresp Law, APC can provide the personal service of a small firm with the resources of a large firm. Boutique law firms typically employ between five and twenty attorneys, which is much less than large law firms. As a boutique firm, we concentrate on a specific area of expertise, whereas large law firms are typically multi-disciplinary. While a large firm may have significantly more staff, the number dedicated to a specific area of practice is often lower than a boutique firm like ours.

Additionally, a boutique law firm’s principal attorney requires an extremely high level of knowledge within the whole firm’s practice area. Because of a boutique law firm's level of focus, they also tend to be more particular about which clients they choose to represent or provide services for.

At Tresp Law, APC, our attorneys have the skills and experience to help you in the areas of Estate Planning, Trust & Probate Litigation, Trust Administration, Probate Administration, Charitable Planning, and Fiduciary Accounting Services. Call us at (858) 248-2779 to schedule a free consultation.

Thanksgiving: Your Opportunity to Discuss Estate Planning

Tresp Law, APC believes that Thanksgiving 2022 can be your time to finally discuss your Estate Plan with the family. We want to give you a friendly reminder because we care about your future!

As Thanksgiving approaches, it is important to use this holiday as an opportunity to consider the future. Clear communication and coordination between family members regarding your Estate can help avoid disagreements and stimulate healthy decision-making.

Start the conversation thoughtfully and carefully because it can be a touchy subject. Create an atmosphere where everyone is relaxed, comfortable, and private. Points to discuss may be how assets will be divided, who you want to be your agent if you become incapacitated, or your wishes regarding burial or cremation. You might also want to address choosing a trustee. 

You should seek guidance from an attorney who has the legal knowledge and experience to help you draft your Estate Plan. At Tresp Law, APC, we prioritize our clients’ satisfaction and peace of mind during the Estate Planning process. Contact Tresp Law, APC to speak with an attorney and establish your Estate Plan today.