High Net Worth Orange County Estate Planning

Nepotism is common in many industries, especially in Hollywood.

Giving family members and close friends a leg up is considered an unfair advantage. There are arguably more successful people who were able to ascend as a result of nepotism than those who earned their success without any help from their family or close friends.

In Hollywood, actors who happen to be children of those who already work in the entertainment industry as actors, directors, or writers are usually given far more access to lucrative opportunities. The entertainment industry is saturated with a seemingly infinite number of talented and attractive people competing for a limited number of spots in the spotlight. It would be hard for most people to resist the temptation of exploiting any unfair advantages available for them to leverage.

The business of fame is heavily influenced by who knows who. Some might say that success in the entertainment biz boils down to a matter of manipulating the persona and appearance of the celebrity in question, in order to meet highly subjective standards. As such, the persuasion of a parent may make the job of the casting director easier. Taking the parent’s word that their child will be the next breakout star would probably be easier than honestly and fairly looking through each and every application and audition tape.

Despite nepotism being discouraged and frowned upon, most parents would not disagree with the desire of giving their children the opportunity to live a better life than they ever did. Almost all parents want their children to have more access to resources than they had so that their children may experience more of life’s goodness than hardships.

Nepotism children may receive inheritances from their parents. Many high-net-worth people in Orange County, California consult with an estate planning lawyer with the types of expertise mentioned here.

Estate planning considerations include wills, trusts, beneficiary designations, medical directives, and tax liability. A will is a legal document that specifies how a deceased’s assets are to be distributed. An executor will be appointed in the event that the deceased is survived by minor children. A trust is a legal agreement where a trustee takes ownership under a fiduciary duty to a grantor and manages the assets for the beneficiaries. 

Wills and trusts involve many complexities and technicalities. It is best to work with a law firm that specializes in estate planning to ensure that the documents are drafted accurately and legally. If a will or trust turns out to not have met the legal requirements, the document may be rendered invalid, compromising the effective transfer of assets. Of course, the deceased will not have the ability to make further changes to the document in order to rectify any errors, which is why estates should be planned for in advance.

Some studies suggest 67% of Americans don’t have a will or estate plan.

New Year’s Estate Planning Resolutions

There is ultimately no way to predict the future. And though parents can never truly know what will happen to their children when they pass, estate planning ensures that their assets are handled according to their wishes. 

Getting Ready For The Cookout

As I type this I’m watching the birds are beginning to raid my woven flower planters for nesting material and that can only mean one thing – spring is right around the corner! That means sunny days here in southern California and planning out your newest home renovations.

For some of us, that time could not come soon enough. A wet early winter caused a lot of damage to the remaining grout and mortar in my aging hardscape out back, and I’ve been chomping at the bit to start a full renovation of the yard.

Since I bought my home several years ago, I’ve slowly been renovating it room by room, getting the inside updated from 70’s chic to a tasteful contemporary. All the while, I’ve been unhappily watching my yard go from bad to worse as old, poorly constructed hardscape crumbled and unsightly spruce trees killed any competitor I dared plant on their turf.

I decided long ago that we would need to tear everything down in the yard and start from scratch. It’s going to be a long, hard job, but I can already imagine living it up during summer with that gorgeous outdoor kitchen and garden.

The only question left is: who do I trust to implement my vision?! Well, it’s not much of a question, since I already know the answer: Torrey Pines Landscaping!

I’ve had my eye on them for a couple years now as I’ve been scanning local home and garden publications looking for inspirations. I saw one of the most beautiful yards I’d ever seen in one issue of San Diego Home&Garden and new that whatever company had built that was the official king of outdoor kitchen construction in San Diego. As it turned out, it was one of Torrey Pines’ latest endeavors.

If you don’t trust me, just take a look at some of their reviews:

Torry Pines Landscape Company Was highly recommended to us. If you want the best this is the company to use. When we met the owner Harry, we immediately felt very comfortable working with him and his team. He is extremely knowledgeable, many years of experience, passionate and has a great personality. We had a lot of fun working with him. His team is top-notch. Lei, his Architectural designer and John, his Supervisor were excellent. Always available, very professional, and dedicated.

It was impressive to watch how hard and efficient his crews worked. They were always accommodating and helpful. Harry and his team have high standards and want the customer to be happy. We at all times were welcome to share in choices and decisions. So ultimately, we now love our new courtyard, hardscape, landscape and driveway. We enjoyed the journey and are thrilled with the results. It filled our expectations and more.

Melane L., Yelp Review
Read Christine B.‘s review of Torrey Pines Landscape Company on Yelp

We are so pleased with the “re-boot” of our landscape and extremely happy that we chose TP Landscape to plan & design and then execute on that plan. We also decided to stay with them for our weekly maintenance as well. We couldn’t be happier with the level of detailed planning, support and responsiveness we received throughout the 3 month process and the professionalism exhibited by the entire staff!!  Thanks Harry and team….it looks even better now three months later!

Jim L., Yelp Review

If you want to get a head start on your planned yard renovations, get in contact with Torrey Pines today. You won’t even believe the results.

Torrey Pines Landscaping


5560 Eastgate Mall, San Diego, CA 92121