Estate Planning Attorney in Los Angeles

1. Call Now to Schedule Your Consultation (818) 528-8720 MENU . Welcome… to the Law Office of Tawnya Gilreath, a law practice focused on business, estate planning, and asset protection. Protecting Business, Family and the People you Love…(818) 528-8720 BUSINESS, ESTATE PLANNING, ASSET PROTECTION Practice Areas Our law practice is focused on business law, business planning, estate planning, and asset protection for both personal and business assets. These areas cover a broad range of planning and legal services

2. that help alleviate some of the issues that keep individuals and business owners up at night. LEARN MORE! ESTATES AND BUSINESS BLOG Latest Updates OCTOBER 13, 2019 Is now the time to remodel your old trust? There are several reasons why you should update your existing trust or perhaps your entire estate plan. While estate planning documents do not necessarily have a shelf life, they may not fulfill your goals when your circumstances change. Of course, having estate planning documents that are up-to-date is critical, but how do you know when you should make changes? It is important to note that just because you have a trust in place does not mean you are bound to keep it as is; this is even true if the trust was inherited from someone else. Indeed, there is more than one way to make necessary changes: sometimes you can establish a new trust or simply revise the terms of an existing trust. Finally, making changes to an existing trust – and other estate planning documents – can help you save money and costs, and it may allow you to make better investments decisions. Continue Reading 

3. OCTOBER 6, 2019 Wills, Trusts & Dying Intestate: How They Differ Most people understand that having some sort of an Estate Plan is a good thing. However, many of us don’t take the steps to have an estate plan prepared because we don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen if you die, intestate (without a will or trust), with a will, and with a trust. For this example, we’re assuming you have children, but no spouse: 1. Intestate. If you should die intestate, your estate will go through probate and all the world will know what you owned, what you owed, and who got what. Your mortgage company, car loan company, and credit card companies will all seek payment on balances you owed at the time of your death. Continue Reading  SEPTEMBER 29, 2019 The Silent Threat to Your Estate Plan It is common knowledge that everyone needs to have an estate plan in place. Commonly, the focus is on assets, taxes, and any changes to legislation that may affect the security of your loved ones in the event of your incapacity or death. What many often forget, however, is that changes in family dynamics and circumstances can threaten even the most well thought out estate plan. This silent threat can easily keep your estate plan from actually working when it is truly needed. Below are several situations

4. where updating an existing estate plan or creating a plan for the first time is necessary to protect your loved ones. Continue Reading  SEPTEMBER 22, 2019 Giving Thanks With Your Estate Plan Estate planning covers more than just financial matters. Indeed, many use their estate plan to pass along their values as well as their wealth. One way to do this is to give thanks with your estate plan, by

5. designating charitable giving or specific gifts that will help ensure your legacy. It is important, however, to balance your income and the needs of your beneficiaries with the available tax incentives. While the general purpose of estate planning is to ensure you and your family are taken care of when most needed, you do not need to contain your estate planning to financial issues. Indeed, many individuals use estate planning to pass along family history and traditions through their giving. An estate plan may specify how a beneficiary can use their inheritance such as for studying abroad, embarking on a particular trip, or other values that are important to the giver. In addition, you can choose to give to a qualified charitable organization in your will so that the gift is distributed upon your death or incapacity. Giving to charity during your life or after you have gone can help significantly reduce federal estate and gift taxes and allows you to support charitable causes that are meaningful to you. Continue Reading 

6. SEPTEMBER 15, 2019 Murphy’s Law and Estate Planning As the old adage goes “anything that can go wrong, will go wrong.” Referred to as Murphy’s law, this well-known saying has no mercy. Sadly, estate planning is no exception to its wrath. There is hope! Below are five-estate planning mistakes and how to fix them: Incorrect guardian for your children: A will is a way for you to control what happens to your estate and your minor or disabled children from the grave. If you fail to put together a will, the state will decide who cares for them at a court hearing. If you do have a will, be sure to review it regularly and confirm your original guardian is still a great choice for your children. If he or she is not, then amend your will and choose another guardian. Because all family law judges are required to make decisions in the “best

7. interest of the child”, it’s a good idea to write a letter of explanation to help the judge understand the decision you’ve made. Continue Reading  SEPTEMBER 8, 2019 Your Fall “Legal Affairs” Checklist There are several reasons to review and update your legal matters, including your estate plan. Understanding how your wishes are affected by applicable law will help make you make a more

8. informed decision and protect you and your loved ones. Below is a checklist to ensure your planning meets your needs and is up-to-date: Continue Reading  VIEW MORE BLOG POSTS BUSINESS OR ESTATE PLANNING QUESTIONS? Schedule Your Consultation Now CLICK TO SCHEDULE CONTACT INFO CHECK MY CALENDAR NAVIGATE Home Practice Areas Business Law & Planning Estate Planning Asset Protection Blog Contact Us About  5250 Lankershim Blvd Ste 500 North Hollywood, CA 91601  (818) 528-8720 By Appointment Only FOLLOW BLOG VIA EMAIL Enter your email address to follow this blog and receive notifications of new posts by email. Email Address Follow

9. Copyright © 2017-2019 Tawnya Gilreath All Rights Reserved. Disclaimer The information and materials on this website (i) are general in nature, (ii) are provided for general informational purposes only, (iii) are not intended to be legal advice, and (iv) may not apply to specific factual or legal circumstances. Nothing on this website is intended to substitute for the advice of an attorney. Viewing the information on this website does not create an attorney-client relationship and no attorney-client relationship should be implied. While we attempt to provide high-quality information, laws change frequently and vary from one jurisdiction to another. If you require legal advice, please consult with a competent attorney licensed to practice in your jurisdiction.