Laguna Hills Estate Planning Attorney
Top Laguna Hills Estate Planning Attorney providing services to clients all throughout Southern California. Get legal advice from our experienced lawyers.
Demographics of Laguna Hills, California
Laguna Hills is located in Laguna Hills, California. The name refers to how close it is to both Laguna Canyon and Laguna Beach. This city is built on one of the major land grants developed during the Rancho Era.
The most recent Census reported that the city of Laguna Hills has a population of 30,344.
Of the population, over 98% live in households. There are a total of 10,469 households, with 347% of them having children under the age of 18 living in them. Households are generally composed of 2-3 members.
In Laguna Hills, majority of the households are composed of opposite-sex married couples living together, comprising 60% of the population. 4.3% of households are headed by unmarried opposite-sex couples, 1% by same-sex married couples or partnerships, and 19.5% are made up of individuals.
The median age in the city is 41, which means that the population lists towards the older side.
The annual median income for Laguna Hills is over $99,000, with a poverty rate below 9%.
Estate Planning Lawyer in Laguna Hills, CA
Estate planning is necessary for anyone who wants to be able to control how their home, savings, personal items, and more are given to others. With an advanced strategy devised by a Laguna Hills estate planning lawyer, you can name the assets you want to give, when you want to give them, and who you want to give them to.
Without an estate plan, your belongings and family legacy could be put at risk. Working with an estate planning attorney in Laguna Hills can ensure that your family members and loved ones receive all they can. Protect yourself and your loved ones today.
Our extensive Laguna Hills estate planning services are custom-tailored to the particular needs of each estate. Additionally, we work with clients who require revisions and updates to their estate plans. Whether you need advanced estate planning, creation of a will or living trust, amendments to your current will or living trust or assistance as a successor trustee in California, our Laguna Hills estate planning attorney can help.
Wills and Trusts
You most likely have heard the term “will” and “trust” but may not know what those terms mean or the difference between a trust and will. Both terms are an aspect of estate planning. A “will” and a “trust” serve two different purposes but work side by side in a completed estate plan created by estate planning attorneys. A will takes effect only after you die while a trust begins to function after its creation.
Wills and trusts boil down to a couple of basic legal principles which have thankfully remained relatively unchanged for centuries. Property rights survive human lifespans. The state has a legal obligation to protect those property rights, either by law or by providing individuals and businesses the option to create legal structures to do so. The last will and testament has been the traditional instrument used to sustain property rights in probate. With more complex assets and ownership structures, the trust has arisen as the instrument of choice for many estates – especially those with many beneficiaries.
If you are looking for an experienced Laguna Hills trust attorney, Masson & Fatini is here to help. We can advise you on the difference between a trust and will, and help you decide which, if not both should be prepared. Our Laguna Hills trust lawyers can handle the drafting and full preparation of your documents, including both simple or complex wills or trusts. We can additionally provide advice on your responsibilities if you have been selected as an Administrator or Trustee. If you have any questions or need assistance with any of these, please feel free to contact our office. Our Laguna Hills trust attorneys and staff can assist you with all the information you may need about wills and trust.
Corporations and Business Formations
Masson & Fatini in Laguna Hills provides experienced legal counsel regarding corporate and business formation. Our experienced Laguna Hills business attorneys take time to not only learn the design of your business operation but focus on the particular aspects of your business so we can advise you on the best business entity for your specific needs. We inform our clients of their options that provide them with tax advantages while protecting against personal liability. We handle all issues related to corporate formations, including issues of taxation and liability.
- Business Entity – Selecting the right business entity is important. One entity may work for one company but would not for another. Each entity has different tax obligations and requirements and finding the right one for your business is important in determining your tax obligations or advantages. We can help you decide whether a corporation, partnership, LLC or other business structure is best for your needs and business objectives.
- Business Formation – Once we have helped you select the appropriate business entity, our attorneys and staff will assist you with your business’s formation and incorporation. This often includes the drafting and reviewing of documents regarding the organization and structuring of your business entity, filing and registering your business with the California Secretary of State’s office and obtaining your EIN number.
Tax Planning
The attorneys at Masson & Fatini have extensive training and experience in tax planning and advice. We focus on income tax planning at the business, individual and fiduciary level. But we even go further to coordinate tax issues involving gifts, estate tax and trusts. Our Laguna Hills tax attorney can help you create and incorporate tax-exempt entities such as charities and foundations, to not only avoid tax, but redirect tax dollars to achieve your philanthropic goals.
Federal, state and local tax laws can be complicated. However, effective tax advice and representation, can provide you with clarity and help to reduce taxes or even eliminate them in some instances. Our Laguna Hills tax planning lawyers have the expertise, skill and experience necessary to guide our clients through the complexities of federal, state and local tax laws. Whether it is business planning or litigation, we strive to ensure that our clients obtain the best results possible.