What is a Trustee? Understanding the Role, Responsibilities and Legal Implications
What is a Trustee? Understanding the Role, Responsibilities and Legal Implications In the realm of estate planning and asset management, the role of a trustee is pivotal. Whether you are considering appointing a trustee or have been asked to serve as one, understanding what it means to be a trustee is crucial, not only for […]
Creating and Managing a Trust: Do I Need an Attorney?
Creating and Managing a Trust: Do I Need an Attorney? When it comes to trusts, the question of whether you need an attorney often arises. While some may consider handling trusts independently, there are compelling reasons why enlisting the expertise of a legal professional is crucial. Here are three key reasons why you need […]
The Importance of Estate Planning: Ensuring Family Harmony and Protecting Your Legacy
The Importance of Estate Planning: Ensuring Family Harmony and Protecting Your Legacy Estate Planning attorneys see firsthand the turmoil and discord that can arise within families when a loved one passes away without a clear and comprehensive estate plan. The emotional toll of losing a family member is compounded when disputes over the estate emerge, […]
What is a Fiduciary? How Fiduciaries Serve and Protect Clients
What is a Fiduciary? How Fiduciaries Serve and Protect Clients Navigating the complex world of finance, law, and business can be daunting. One term you might frequently encounter is “fiduciary.” But what exactly does it mean, and how can fiduciaries be beneficial to clients, especially in California? WHAT IS A FIDUCIARY? A fiduciary […]
Wealth Management Tax Strategies for High-Net-Worth Individuals
Wealth Management Tax Strategies for High-Net-Worth Individuals: A Legal Perspective In the realm of wealth management, high-net-worth individuals (HNWIs) face unique challenges and opportunities. High-net-worth individuals are often seeking to navigate the intricate landscape of tax strategies to preserve and grow their wealth. This blog will delve into effective tax strategies tailored for HNWIs, emphasizing […]
Protecting Your Children’s Future: Why You Need a Guardianship Plan in California
Protecting Your Children’s Future: Why You Need a Guardianship Plan in California As a parent, your children’s safety and well-being are your highest priority. You strive to provide them with love, care, and support every day but, have you considered what would happen to them if you were suddenly unable to fulfill your parental duties? […]
10 Things to Know if You are a Beneficiary in a Probate Case
Are you a beneficiary in a probate case? Probate can be a long process that many think is avoided with a will. Unfortunately, that’s not the case. If you are a beneficiary in a probate case, there are several important things you should know and consider.
How To Hold Title to Your Home & Common Mistakes
How To Hold Title to Your Home & Common Mistakes Holding title to a home involves legal ownership and can have significant financial and legal implications when title isn’t held properly. Many people are not aware of the implications and unknowingly make common mistakes. In order to be better prepared and make informed decisions, learning […]
The Most Important Things to Consider When Gifting Real Estate to Your Children
The Most Important Things to Consider When Gifting Real Estate to Your Children Gifting real estate property to children is a significant financial and legal decision that requires careful consideration. Here are some important things people need to know when gifting real estate property to their children: TAX IMPLICATIONS Gifting real estate property […]
Lagerlof LLP Partner, Vanessa Terzian, Named Los Angeles Business Journal’s Women’s Leadership Symposium Nominee
Lagerlof LLP Partner, Vanessa Terzian, Named Los Angeles Business Journal’s Women’s Leadership Symposium Nominee PASADENA, CA – Lagerlof, LLP’s, Vanessa Terzian, was honored as a nominee at the Los Angeles Business Journal’s Women’s Leadership Symposium & Awards event held on Wednesday June 28 at the Intercontinental Los Angeles Downtown. Vanessa was nominated as an Executive […]
Joshua Driskell Voted Top 100 Lawyer
Lagerlof Managing Partner, Joshua Driskell, Voted Top 100 Lawyer of Los Angeles Business Journal PASADENA, CA – Pasadena law firm Lagerlof, LLP’s Managing Partner, Joshua Driskell, was named one of the 2023 Top 100 Lawyers by the Los Angeles Business Journal. The Los Angeles Business Journal names the Top 100 Lawyers in the Los Angeles […]
Top 3 Considerations When Creating an Estate Plan
Top 3 Considerations When Creating an Estate Plan Estate planning is a critical process that can safeguard your assets, provide for your loved ones, and ensure that your final wishes are respected. As estate planning laws and regulations continue to evolve in California, it’s essential to consider the following top three needs when creating an […]
Pros and Cons of a Conservatorship in California
What Are Pros and Cons of a Conservatorship in California? Most people have heard the term conservatorship, but what does that mean? Furthermore, why would a conservatorship be necessary? A conservatorship is a legal arrangement in California where a court appoints a responsible person, the conservator, to care for an adult, the conservatee, who is […]
Joint Tenancy vs. Living Trust
What are the pros and cons of owning real property in joint tenancy versus in a living trust? Owning real property in joint tenancy and through a living trust are two common ways to hold property. Each option has its own pros and cons, but which one would be best for you? Here are some […]
WHAT YOU NEED TO CONSIDER WHEN GIFTING REAL ESTATE
What You Need To Consider When Gifting Real Estate When gifting real estate to beneficiaries, owners should understand the potential for post-gift legal disputes, the property tax implications, and the income tax consequences of the change in ownership. If the property is gifted during the owner’s lifetime, the owner must consider the major legal issues […]
Every Parent’s Guide to Estate Planning: Peace of Mind Made Easy
Every Parent’s Guide to Estate Planning: Peace of Mind Made Easy Strapping your screaming kid into a car seat, cajoling your frightened toddler into holding still for vaccines, listening to your sweet baby wail as you leave her for the first time in the care of someone else … These are the not so fun parts […]
