Blog

Karen and Duncan McCoy were interested in planning their estate to protect their children from any future divorces and keep their family money in their blood line for the benefit of their children and grandchildren. They wanted to avoid the voluntary 40%...

What Clients Are Saying About “The Trust Doctor” (W. Bailey Smith): “Retired Lawyer Transferred His Practice to The Trust Doctor”

04 Jan 2022

“I retired from the practice of Law in 2013. All of my client’s’ files were transferred to Bailey’s office. I have known Bailey a good number of years, and I was very pleased that he wanted to combine my clients with his....

What Clients Are Saying About W. Bailey Smith: “We Have Used The Trust Doctor for 25 Years”

30 Dec 2021

Blog, Estate Planning, Trust, Uncategorized

“Bailey is one of the few certified estate tax attorneys in Orange County. He drafted our estate plan. He represented us in an IRS audit which resulted in a substantial victory for our family. He gives every client his 50-page booklet entitled...

Merry Christmas from W. Bailey Smith (the Trust Doctor), Lenda, and Thomas

20 Dec 2021

What Clients Are Saying About W. Bailey Smith: “Bailey Gave Me Peace of Mind”

16 Dec 2021

Bailey Gave Me Peace of Mind “My Wife and I could not be more please with the expertise and support provided by W. Bailey Smith. We had a limited knowledge of trusts. bailey provided the needed expertise so we could be at...

New Death Tax, Gift Tax and GST Tax Exemptions in 2022

14 Dec 2021

Blog, Tax, Trust

What are the new tax exclusion amounts for 2022? The total amount that a US citizen can transfer to another individual free of death, gift, or Generation-Skipping Transfer taxes (collectively, the “transfer taxes”) will increase on January 1, 2022 to a whopping...

Hour of Power!

08 Dec 2021

Troika with the Trust Doctor (W. Bailey Smith), Corey Udkoff, and George Prince at Tabu Shabu in Costa Mesa over sake.

Thank You To Our Veterans

08 Nov 2021

I salute all my fellow Vietnam veterans who answered their country’s call. Especially for those that I trained with at the Army School of Intelligence at Fort Holabird in Baltimore, Maryland; Fort Bragg in North Carolina; and at Fort Benning in Georgia...

Happy Halloween from WBS (The Trust Dr.)

22 Oct 2021

Do not wait until it is too late to come see me to plan your Estate! Happy Halloween from WBS (The Trust Dr.) (949) 833-8891.

Happy Halloween from The Trust Dr.

20 Oct 2021

We never turn a prospective new client down. Happy Halloween from the “Trust Doctor”, W. Bailey Smith. (949) 833-8891.

Top 5 Reasons to Update Your Estate Plan Today

16 Sep 2021

1. ARE YOU LEAVING YOUR ASSETS TO YOUR CHILDREN UNPROTECTED, OUTRIGHT, AND FREE OF TRUST? Leaving assets to children is not the same thing as leaving “protected” assets to them. Only you can protect your assets passing to your children in your...

Pet Trusts Are Legal

02 Sep 2021

As our children move out of the house, many of us adopt a dog, cat, parrot, or other animal that we talk to. These pets become an important part of our lives. We need to plan for these pets in your trust...

Every Tom, Dick and Harry Need to Update their Estate Plan!

31 Aug 2021

Call the Trust Doctor, not the Medical Doctor today, W. Bailey Smith at (949) 833-8891.

I Fix Trusts!

26 Aug 2021

I am a Trust Doctor™ (not a medical doctor). I fix trusts.® Some trusts are broken, some are out of date, and some need to be created. I help families avoid creditors and predators. I also assist families to reduce or eliminate...

Why Is Estate Planning Important?

19 Aug 2021

Passing away without a Will- also called dying intestate- means that courts ultimately decide who receives your assets. To prevent that scenario, you should write a Will and update it regularly. Additionally, planning can allow families to avoid nasty time-consuming and expensive...

Why Would You Create a Letter of Last Instruction?

12 Aug 2021

The purpose of a Letter of Last Instruction is to make it easier for your family when you die. It relieves your relatives of the headaches and stress after your death because it provides certain personal, financial, and funeral information. A Letter...

Estate Planning Statistics

05 Aug 2021

Blog, Estate Planning

In spite of Covid-19, estate planning has largely decreased over the past decade dropping from more than 50% of Americans having a Will in 2005 to roughly 30% having one today. Additionally, many families don’t openly talk about their estate plans. 30%...

Which is Better for You… A Will or a Trust?

29 Jul 2021

A revocable living trust can avoid probate and let you keep control of your assets while you are living- even if you become incapacitated. A properly designed estate plan will give you peace of mind. A Will ...

Was your Will Written in the Statehouse?

22 Jul 2021