“The Great Wealth Transfer” or “The Silver Tsunami” Whether it’s called “The Great Wealth Transfer,” “The Silver Tsunami,” or some other catchy sounding name, it’s a fact that a tremendous amount of wealth will pass from Baby Boomers to younger generations in the next few decades. In fact, it’s said to be the largest transfer...Read More

written by Dana M Heyde OC Lawyer, March 2023 Vol 65 No.3 “Whos’ Who in the OCBA” This article is written to share information that was presented to Mommy Esquire members about the policy implications of the U.S. Supreme Court’s decision in Dobbs v. Jackson Women’s Health Org., 141 S, Ct. 2619 (2022)(“Dobbs”) that overruled Roe...Read More

written by Dana M. Heyde OC Lawyer Magazine, March 2022 I read books to take a journey, but I never imagined the personal journey my love of books would take me on. As a child, I devoured the entire series of The Baby-Sitters Club. In the seventh grade, I decided to become a lawyer after reading John...Read More

Legal Planning for Your High School Graduate If you’re the parent of a high school graduate this year, congratulations! You’ve put in a lot of time and effort toward earning that diploma, and whatever their next step in life will be, you likely want to protect them just as much as you did while they...Read More

The estate tax is a tax on the value of a person’s assets at the time of their death. Upon your death, if the total value of your estate is above a certain threshold amount, known as the federal estate tax exemption, the IRS requires your estate to pay a tax, known as the estate...Read More

There are two primary types of trusts, revocable living trusts and irrevocable trusts. People often come to us curious or confused about the differences between revocable living trusts and irrevocable trusts. Revocable Living Trust A revocable living trust, also known simply as a living trust, is by far the most commonly used form of trust...Read More

When it comes to creating an estate plan, most people typically think of a will. While it is possible to leave your estate to someone in your will, it is far from ideal. Reason #1 Why You Need More Than A Will: A Will Does Not Avoid Probate Upon your death, all assets passed through...Read More

The distribution and management of family trusts are tricky. A beneficiary is owed a duty by the Trustee to marshal and account for all trust assets. A beneficiary is also entitled to receive all distributions specified in the trust. Sometimes it seems like a Trustee is withholding a distribution from a sibling to get even...Read More

By Dana M. Heyde You Are Being Asked To Be A Trustee It is an honor if a family member or friend has asked you to serve as trustee for their trust either during their life, or upon their death. This means they consider you among the most honest, reliable, and responsible people they know....Read More

By Dana M. Heyde While most adults don’t take estate planning as seriously as they should, if you are single with no children, you might think that there’s really no need for you to worry about creating an estate plan. But this is a huge mistake. In fact, it can be even more important to...Read More