Orange County Business Journal

Wealth Management Column Answers from Jeff Verdon

Why should clients include asset protection strategies into their estate planning? Protecting your assets and family’s legacy is an important part of any comprehensive estate plan. Many traditional estate plans include a component called revocable living trust (RLT) to hold a client’s assets. While the RLT will avoid probate at death, it offers no protection from lawsuit creditors.  This leaves a client’s assets perilously unprotected. The client could lose a […]

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Orange County Business Journal

Just Because You Live in California doesn’t Mean Your Trust(s) have to!

Family law attorney, Jack Smith, has a job to do, and it’s not an easy one. Breaking bad news never is.  Over lunch, Smith takes a deep breath, readying himself for the next half-hour of rage that is sure to come from his client, Bill.  The rage will be justified because the outcome certainly won’t be. Bill caught his soon-to-be ex-wife Laura having an affair.  Instead of remorse and apologies, […]

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Orange County Business Journal

Time is Running Out

Nothing in life gives Charlie more pleasure than spending time with his family.  With five grown daughters and eleven beautiful grandchildren, his mission to be their life-long provider is his singular goal. The source of Charlie’s legacy – a successful sun shade manufacturing business – will finance his family’s needs for generations.  He credits the success of his business to his ability to hunt for bargains, leaving no stone unturned.  […]

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Orange County Business Journal

Protecting Your Blind Side

“White-eighty, white-eighty, hut!” A crisp snap slams the ball firmly into Carolina Panther Cam Newton’s hands, and he drops back into the pocket, searching for his receiver as defensive line men bear down. He hears a loud crunch – the sound of two bodies colliding. Cam smiles knowing that his left tackle, Michael Oher, is protecting his blind side, giving him precious extra seconds. Cam cocks his arm, launching a […]

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Orange County Business Journal

Disruptive Technologies in Estate Planning: Securing Assets from Lawsuit Predators

Jonathan and Stacy Riley lived, loved, and worked together for over 40 years. With the recent sale of their business, coupled with years of careful savings and dutiful investments, they have a healthy nest egg to take them through their golden years in comfort and ease. Armed with a bucket list full of exotic travel and exciting plans, their retirement kicks off with a six-month world Crystal Cruise. Life is […]

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Orange County Business Journal

The Loaded Question

“Dad, are we rich?” Ethan’s father drops his fork mid-bite.  “That’s an unusual question,” Roger carefully responds. Ethan, who just turned 16 and still fears his father’s disapproval, hesitates before continuing.  He knows there is an unspoken rule in his family to never speak about money.  Despite his nerves he plows on determined to get to the bottom of the wild claims his classmates made. “So, the guys said I […]

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