Estate Planning

The Slayer Statute

“Oh you are an Attorney, I have a question or two for you…?” July 4th BBQ’s and other social events are always a fun time to gather and talk to people you haven’t seen for awhile.  Some people talk about their kids, jobs, and vacations.  And then there are the others.  These people find out what you do for a living and then ask you law school finals questions.

Samuel Ledwitz Article in the Fontana Herald News

Let’s face it: Most of the general public is not what would be considered rich. But have you ever wondered how you would manage your money and your estate if you were a gazillionaire? Longtime estate planning attorney Samuel B. Ledwitz has. And he has some good financial tips in case the net worth of your estate grows quickly and excessively.

New Office Location in Palos Verdes

New Palos Verdes Office We are happy to announce the opening of our new Palos Verdes office. Located in the Palos Verdes Twin Towers at: 609 Deep Valley Dr, Suite 200 Rolling Hills Estates, CA 90274 (310) 316-2400 Map and Directions We are conveniently located throughout the Los Angeles area with offices in Torrance, Los Angeles, Long Beach, Pasadena, Palos Verdes and Costa Mesa. Please visit the individual location pages for information on parking, directions and more about each of our offices. We have planned an continued  expansion to meet increased demand and provide additional convenience to our existing and new clients. As the new offices open, we will let our clients in those areas know if a closer office is available to them. If you have any question, please do not hesitate to contact any of our locations during business hours, 8am–5pm Monday through Friday. Practice Areas Estate Planning Estate planning is the process of establishing a Trust, Will, Durable Power of Attorney, and other related documents during your lifetime. Estate Administration Our firm helps Trustees and Executors comply with the many duties associated with the administration of an Estate. Probate Probate is the legal proceeding supervised by the Superior Court used to transfer title to assets when a person is deceased. Estate Litigation When the need arises to challenge, defend, or enforce a Will or Trust, our Lawyers will represent you in all legal proceedings. Advanced Estate Planning Families with substantial estates require additional strategies beyond a typical Estate Plan to reduce and offset Estate Tax liabilities.   Conservatorship When a person becomes incapable of managing their...

The Estate of the Musician Known as Prince

In December 2021, the estate of the musician known as Prince, The Internal Revenue Service (IRS) and the Minnesota Department of Revenue (MDR), settled the valuation of Prince’s estate.  Prince’s music rights were the main point of contention –what is the day of death value of all of his songs and music rights?

Now that you are recently divorced, what should you do with your estate plan?

On the wedding day nobody expects to get divorced ever. We often think we will ride off into the sunset and live happily ever after. However, the sun rises the next day and problems occur. A day of problems turns into weeks of problems and then into years of problems. Your friends tell you there is a light at the end of the tunnel, and they are right; however, it is the headlight from an oncoming freight train called divorce.

What to do when your child returns to college after the holidays.

We are all worried about our children and especially what would happen to them if they got a severe case of Covid-19 and needed parental help while away at college.
When your child turned age 18, they became an adult in the eyes of the government.  And, although you may think they are still a kid, they have many rights that come with adulthood.