Why Your Life Insurance Should Pay Into a Living Trust
Why naming your living trust—not an individual—as the beneficiary of your life insurance policy can be a game-changer. It’s one of the smartest estate planning moves you can make to avoid probate, protect minor beneficiaries, and keep those funds safe from lawsuits, divorces, and poor decisions. We’ll talk about how a trust can control the timing and terms of inheritance, shield assets from legal trouble, and provide long-term financial security. If you’ve worked hard to build wealth, this episode will help you understand how to preserve it—and why smart estate planning means putting your trust to work, literally. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty
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Estate Planning Isn’t a Bargain Bin Decision
Thinking about hiring the cheapest estate planning lawyer you can find? In this episode, I explain why that might be a costly mistake. A “great and cheap” estate plan often turns out to be neither. From setting up a revocable living trust and avoiding probate to protecting your home and naming guardians for your kids—this stuff isn’t one-size-fits-all. Real estate planning takes real strategy. Generic online documents won’t cut it when your legacy and your family’s future are on the line. Tune in to learn what you really need to look for in an estate planning lawyer—and how to make sure your wishes are actually carried out. How much does an estate plan cost?
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Episode Title: Trusts Aren’t Just for the Rich—They’re for the Responsible
Just because someone inherits from a trust doesn’t mean they get a giant check the moment you’re gone. In this episode, I dive into how you can use a revocable living trust to create structured, smart inheritances—like monthly payouts that act as a responsible “afterlife allowance.” It’s one of the best ways to protect young beneficiaries (think: 18-year-olds with bad ideas and access to fast cars) while still taking care of them in a big way. Estate planning isn’t just about where your stuff goes—it’s about how and when. This episode shows you how to stay in control, even after you’re gone. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty
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The Two Estate Planning Documents Everyone Needs—No Matter What
In this episode, I break down the two essential documents every adult should have in place before they pass away: a financial power of attorney and a healthcare power of attorney—also known in California as an advance healthcare directive. These documents aren’t just for the wealthy; they’re critical tools for anyone who wants to make sure their finances and healthcare decisions are handled properly if they’re ever unable to do it themselves. I also talk about the next step for many people: setting up a revocable living trust. Whether you’re just getting started with estate planning or looking to fill in the gaps, this episode is a great place to begin. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #FinancialFreedom #OrangeCounty
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How to Set Up a Living Trust for Your Home in California
Setting up a living trust for your home is a crucial step in protecting your property and avoiding probate. In this episode, I walk you through the process step by step: 1. Create the Trust — Draft a legal document that clearly states who should inherit your home after you pass away. 2. Sign and Notarize — Ensure the trust is properly signed and notarized according to California law. 3. File the Deed — Draft, sign, and file a new deed with the county records office to formally transfer your home into the trust. Taking these steps now can save your loved ones time, money, and stress down the road. California residents: Protect your home with a FREE estate planning strategy session. Schedule yours now at www.ocestateplanlawyer.com. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #FinancialFreedom #OrangeCounty
California estate planning lawyer Michael Pevney discusses various topics regarding the important world of estate planning. Living trusts. Revocable trusts. Wills. Durable power of attorney. Advance healthcare directives. Estate planning is extremely important for every family that wants to control what happens to their bodies and their property both while they're alive and after they pass away.
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