• Our Guarantee to Our Clients

    We promise to represent your best interests and keep you fully informed.

    Read Our Guarantee
  • Bankruptcy eBook

    Get a FREE eBook to become more familiar with the bankruptcy process.

    Download It Here
  • Our Video Center

    Click here to access a list of our firm's videos.

    Get More Information
  • When You're Ready To Talk

    We're ready to listen. Contact us to receive a free initial consultation.

    Request a Consultation

Legal Blog

How to Use a Crummey Trust to Ensure Your Beneficiaries Receive Your Gift

Planning your estate is hard work, especially because it requires a lot of long-term planning. IRA trusts, retirement vehicles, and other methods of organizing your estate for your beneficiaries need ...
Continue reading "How to Use a Crummey Trust to Ensure Your Beneficiaries Receive Your Gift" »

When Should You Consider Using a Crummey Trust?

Estate planning goes hand in hand with retirement planning. As you start to set up financial structures that will last you through the rest of your life, that's the perfect time to start ...
Continue reading "When Should You Consider Using a Crummey Trust?" »

6 Steps to Purchasing a Short Sale Home

What is a Short Sale? When a house has been foreclosed upon due to a bankruptcy, etc., the lender is willing to sell at a discounted price to release the mortgage. This is a short sell. Here are some ...
Continue reading "6 Steps to Purchasing a Short Sale Home" »

Challenging A Will After Probate - What Do You Expect to Gain?

Wills are probated for one reason only... ...to validates and establish their legitimacy. Once a Will has been probated and accepted by the Court, the Trustee can then distribute the assets to the ...
Continue reading "Challenging A Will After Probate - What Do You Expect to Gain?" »

How A Purpose Trust Ensures Your Last Wishes Are Honored

Should you protect your legacy? Now that you have drawn up your Living Trust or Final Will and Testament, why not protect your intentions, your purpose for having written them in the first place? Your ...
Continue reading "How A Purpose Trust Ensures Your Last Wishes Are Honored" »

Late-in-Life Marriage, Divorce, and Estate Plans

Romantic relationships, as well as marital problems, aren't just for the young. Older adults often find themselves falling in love and getting engaged, sometimes after a previous marriage. At the ...
Continue reading "Late-in-Life Marriage, Divorce, and Estate Plans" »

Elder Law: How It Protects Seniors

What is Elder Law? As we get older and as we are taking care of loved ones, there are many legal issues that come up. Elder Law advocates the rights and needs of the elderly/disabled as well as their ...
Continue reading "Elder Law: How It Protects Seniors" »

Understanding the Look-back Period for Medicaid and MediCal

Medicaid, MediCal, Medicare, Part A, Part B, Part C, D, E, F, G... all these terms can be overwhelming. Medicare, Medicaid, and MediCal are complex subjects. Here we provide you with some general ...
Continue reading "Understanding the Look-back Period for Medicaid and MediCal" »

How Dementia Can Change Your Loved One's Life

As we age, our mind and body changes. We become slower when walking, we may develop health concerns, and more. We often get our first glimpse of these changes when we look at our grandparents and ...
Continue reading "How Dementia Can Change Your Loved One's Life" »

Creditor Harassment - Know Your Rights

First of all, you cannot be arrested and jailed for failing to pay a debt (except for back child support). And a creditor or bill collector CANNOT just confiscate your tax refund or withdraw money ...
Continue reading "Creditor Harassment - Know Your Rights" »

Bankruptcy and Past Due Tax Filings

One reason some people may consider filing bankruptcy is because they owe taxes. While it is generally accepted as fact that taxes are not dischargeable debt but, in some cases, they may be eligible. ...
Continue reading "Bankruptcy and Past Due Tax Filings" »

Special Needs Planning - When Should You Plan For Guardianship?

Special needs planning can be very complicated and complex. If you have a Special Needs Child or adult-child for whom you need to plan a guardianship, the Law Offices of James C. Shields and their ...
Continue reading "Special Needs Planning - When Should You Plan For Guardianship?" »

Decant Your Irrevocable Trust And Save On Taxes

Irrevocable Trust Defined As part of their estate planning process, some individuals decide they prefer to have an irrevocable trust rather than relying on more traditional methods of distributing ...
Continue reading "Decant Your Irrevocable Trust And Save On Taxes" »

6 Additional Estate Planning Tips for Parents

Are you the proud parent of a newborn child? While you're celebrating, it's important to also start planning for their future. Here are six additional important estate planning tips for new ...
Continue reading "6 Additional Estate Planning Tips for Parents" »

3 Crucial Estate Planning Tips for New Parents

Giving birth to a child is a life-changing experience. Nobody remains the same after they become a parent; you simply look at the world differently. One of the things that change after giving birth to ...
Continue reading "3 Crucial Estate Planning Tips for New Parents" »

Estate Planning & Probate Matters - Taking Care of Aging Parents

Estate planning, probate matters and taking care of aging parents have become very complex over the past few decades. Thankfully, Elder Law advocates for the elderly; this includes a vast array of ...
Continue reading "Estate Planning & Probate Matters - Taking Care of Aging Parents" »

Gifting Your Assets - A Crummey Trust Can Protect Against IRS And Creditor Claims

Many hard-working individuals naturally want to pass on their assets to their family -- the people they care about the most. In this post, we will discuss the Crummey Trust and how this trust can play ...
Continue reading "Gifting Your Assets - A Crummey Trust Can Protect Against IRS And Creditor Claims" »

How Bankruptcy May Help With Student Loan Debt

Most consumers are aware elimination of federal student loans is nearly impossible when filing bankruptcy. However, this does not mean you cannot get some relief when you opt to file Chapter 7 or ...
Continue reading "How Bankruptcy May Help With Student Loan Debt" »

Using Strong No-Contest Clauses To Ensure Your Intentions Are Honored

When preparing your estate plan, you want to make sure your intentions are honored. No matter how clear you are about your wishes, there may be a disgruntled relative who wants to challenge your ...
Continue reading "Using Strong No-Contest Clauses To Ensure Your Intentions Are Honored" »

An Overview Of Chapter 7 Bankruptcy

Perhaps you are feeling overwhelmed by debt and urgently need relief. But deciding to file for bankruptcy is a difficult decision. Before initiating a bankruptcy, you should understand what it is. ...
Continue reading "An Overview Of Chapter 7 Bankruptcy" »

Ten Common Fiduciary Accounting Mistakes And Tips On How to Avoid Them

If you are acting in a fiduciary capacity, such as a guardian, conservator, or trustee, you will be required to maintain fiduciary accounting. It is a fairly simple accounting process. Trusts, for ...
Continue reading "Ten Common Fiduciary Accounting Mistakes And Tips On How to Avoid Them" »

Which Type of Bankruptcy is Right for Your Situation?

If your debt is so overwhelming that you can't possibly repay it all, you may be considering bankruptcy to give yourself a fresh and legal financial start. The Bankruptcy Reform Act of 2005 gives ...
Continue reading "Which Type of Bankruptcy is Right for Your Situation?" »

Is a Revocable Living Trust a Good Option for Your Estate?

It is inevitable. We will all eventually be leaving our earthly possessions and assets to our families and other loved ones, but we want our heirs to be as comfortable as possible. One way to ...
Continue reading "Is a Revocable Living Trust a Good Option for Your Estate?" »

Key Things You Should Know Before Filing for Bankruptcy

Living in a debt economy has become the norm for many individuals who are now struggling to make ends meet. Miss a payment on a credit card and the high-interest rates kick in, triggering an ...
Continue reading "Key Things You Should Know Before Filing for Bankruptcy" »

Do You Need a Living Trust?

What if you could control the disbursement of your estate and assets to your loved ones while you are still living and able to ensure that your final wishes are carried out? You can! A living trust is ...
Continue reading "Do You Need a Living Trust?" »
  • Our Guarantee to Our Clients

    We promise to represent your best interests and keep you fully informed.

    Read Our Guarantee
  • Bankruptcy eBook

    Get a FREE eBook to become more familiar with the bankruptcy process.

    Download It Here
  • Our Video Center

    Click here to access a list of our firm's videos.

    Get More Information
  • When You're Ready To Talk

    We're ready to listen. Contact us to receive a free initial consultation.

    Request a Consultation

When You're

Ready to talk

Our firm is ready to listen. Call for a FREE case consultation.

Call Toll-Free 888.910.6652

"The Law Offices of James C. Shields is located in Torrance and proudly serves clients all throughout the South Bay including:

  • Long Beach
  • Carson
  • Irvine
  • Los Angeles
  • Palos Verdes Estates
  • Huntington Beach
  • Hermosa Beach
  • Redondo Beach
  • Manhattan Beach
  • Newport Beach
  • Costa Mesa
  • El Segundo
  • Rolling Hills
  • Hawthorne
  • Playa Del Rey and Culver City
Law Offices of James C. Shields - Torrance Bankruptcy & Estate Planning Attorney
Located at 21707 Hawthorne Blvd, Suite 204
Torrance, CA 90503.
View Map
Phone: (888) 910-6652
Local Phone: (310) 626-4404

Website:
© 2019 All Rights Reserved.