I received a phone call from an old friend recently who had recently lost his wife to cancer. She had just turned 60 and was the love of his life. Unfortunately, he will have to open a Probate to settle her estate as she had considerable separate property. He was very surprised to learn from
We are saddened to share the news of the passing of J. Terrence Moynihan earlier this year after facing a number of health challenges. Terry was not only a widely respected estate planning and elder law attorney who deftly guided so many through some of the biggest challenges in their lives, he was also an
MOYNIHAN LYONS PC has moved to a new office upstairs in The Cove. We’re only about 49 steps away from our old office if you take the elevator. We will share some photos in a few days. Stay tuned.
The Importance of Having an Advance Health Care Directive for Every 18-Year-Old in California Reaching the age of 18 is a remarkable milestone – it’s the moment when you officially become an adult. You’re no longer a minor, and a world of new opportunities and responsibilities awaits you. As you embrace this newfound independence, it’s
The Carrillo family owns a small manufacturing business that has been thriving for decades, specializing in custom metal fabrication. Mr. and Mrs. Carrillo, the founders of the business, have four children: Emily, David, Sara, and Marco. However, only David and Marco have chosen to work in the family business, while Emily and Sara pursued different
Estate planning is a vital financial strategy that often takes a back seat in the lives of many families. When your primary asset is a family business, the complexities of estate planning can increase significantly. In this blog post, we will explore the unique challenges and considerations that individuals with a family business face when
Selecting a successor trustee or agent for your important legal and financial matters is a critical decision that requires careful consideration. Typically, people turn to their spouses or trusted friends to fulfill this role. But what if you find yourself without a spouse or close friends you can rely on? In this blog post, we’ll
Today, a significant event took place at the White House that holds immense importance for individuals with disabilities and their families. President Biden delivered a heartfelt speech at a White House reception in celebration of the Americans with Disabilities Act (ADA), emphasizing the commitment to equality and inclusion for all Americans. In this blog post,
Priscilla Presley’s fight to remain trustee of Lisa Marie Presley’s trust can teach anyone a few lessons on proper estate planning.
Knowing the tax rules can help you pass on more of your money to your loved ones while minimizing taxes.
