Estate Planning

estate planningEstate planning allows for the orderly transfer of property to your heirs, charities, and other beneficiaries after your death and for the proper management of your property and health care in the event that you become incapacitated while you are alive. A simple estate plan should include a will, a living trust, a durable power of attorney for property management and an advance health care directive.

If you live in California and own real property (such as a house) or have other property valued at over $100,000 (such as investments), it is important that you work with an attorney who is knowledgeable about California probate law and will advise you on which estate planning documents will work best for you.

The Law Office of Mitchell A. Port is a firm that specializes in estate planning, probate, tax controversies, and business transactions. We provide comprehensive estate planning, tax planning, business succession planning, charitable planning and wealth transfer services to you and your families.

Mitchell Port, Esquire, represents clients in Orange County, Los Angeles County, Santa Barbara County, and Ventura County. Many of his estate planning and probate clients have come from Venice, Los Angeles, East Los Angeles, Beverly Hills, West Los Angeles, Inglewood, Culver City, and the San Fernando Valley cities of Encino, Woodland Hills, Calabasas, and Sherman Oaks. With his expertise in estate planning, Mitch will offer practical and cost-effective solutions to your estate planning needs.

A List of Some Of The Estate Planning Services My Firm Offers

  • Living Trusts, Insurance Trusts, Personal Residence Trusts,
    Charitable Remainder Trusts, Special Needs Trusts, and Dynasty Trusts
  • Wills
  • Advance Health Care Directives
  • Durable Powers of Attorney for Property Management
  • Administration of Estates and Trusts

The federal laws and regulations related to estate planning are numerous and often complex, and Attorney Mitch Port's experience and specialized skills allow him to navigate the estate planning process smoothly, while helping you avoid errors with significant and costly implications.

Benefits of Setting Up An Estate Plan

  • You will avoid the cost, delays, and trouble of probate.
  • You will maximize your tax shelter from federal estate tax and
    possibly leave your entire estate tax-free to your beneficiaries.
  • You will provide for the distribution, over time, of your property
    to beneficiaries who are currently too young to receive a
    lump sum or are unable to manage their entire inheritance.
  • In the event that you become incapacitated, or for individuals
    who are incompetent, the use of durable powers of attorney
    for property management and the advance health care directive
    stating one's medical wishes allow for the orderly continuation
    of your personal affairs and health care according to your specific instructions.

Complex Estate Plans

For those with larger estates or whose personal situations are more involved, complex estate planning techniques are applied to accomplish your goals. Such goals may include: providing for children from a prior marriage after your death; increasing the amount of property that can be protected by the tax shelter from estate taxes; asset protection planning, using capital gains tax avoidance techniques when selling your property; and providing for family members with special needs.

Our firm also specializes in probate matters as well, which means that if you are a beneficiary who wishes to contest a will or report a lost will, we will represent you and help you resolve this issue before a California probate court. Visit the Probate section of our Web site for more information.

Estate and Tax Planning for Same-Sex Couples:

Estate and tax planning for same-sex couples is an emerging area of law which requires special knowledge of California domestic partnership law, the tax treatment of domestic partnerships by California and the federal government, the tax treatment of health benefits provided by the employer of one partner for the benefit of the other partner, the gift tax implications when property is transferred between partners, and the rules regarding support payments after a California domestic partnership is terminated. The Law Office of Mitchell A. Port has the legal experience necessary to meet the estate planning needs of clients involved in same-sex relationships.

Mitch Port is happy to speak with you about estate planning. You can contact him at the Law Office of Mitchell A. Port through the online form on this page or by writing him via e-mail at: help@AskMyAttorney.net. You can also speak to Mitch directly by calling (310) 559-5259 or 1-877-ASK-MY-ATTORNEY (877-275-6928). Mitch Port will answer your questions without any obligation from you.