Fixing Broken Plans

Many clients come to us with existing documents or past transactions that are not aligned with current needs or objectives. These situations arise from a variety of factors including:

  • Changed circumstances
  • Changed laws
  • Document drafting errors
  • Poor legal advice
  • No legal advice / "DIY planning"

As just a few examples, we have successfully helped clients: 

  • Terminate a private foundation the clients were defrauded into creating (which included a recovery of the real estate they donated to that foundation)
  • Retroactively restore a right of survivorship that had been inadvertently severed by a clerical error at a title company
  • Retroactively fix issues that caused property tax reassessments (and collect refunds of excess taxes paid as a result of the reassessments)
  • Modify planning documents and transmute community property to separate property to enable an incapacitated spouse to qualify for Medi-Cal benefits
  • Terminate or modify irrevocable trusts that had become uneconomical to administer or that were not fulfilling their original purpose

We don't have a magic wand we can wave to fix every problem situation, but there are things we can do in many cases, even when it seems like it may be "too late."