Los Angeles, California
April 9, 2008
FOR IMMEDIATE RELEASE
For additional information contact
Gary Anderson at (310) 724-7377
MOST AMERICAN'S WEALTH IS LOST BY THE 3RD GENERATION
A Revolutionary NEW Estate Planning Method Aims to Solve This Widespread Problem
Los Angeles, California - Traditional "bare bones" estate planning has focused primarily on what
happens after death and usually passes on financial wealth outright with no
conditions or safeguards. Today's American families are realizing that these outdated, traditional
estate planning methods are failing them and their families, and they are wanting a more holistic
approach to deal with today's real life issues. Those issues include divorce (especially their
children's divorces), second marriages after the death of a spouse, creditor concerns and passing on
family traditions and values that have been overlooked in traditional estate planning. Any one of
these can wipe-out an entire inheritance in one generation.
Loquvam Law, is responding to this need and is changing the way families plan. The estate planning
law firm, Loquvam Law, has always focused on protecting families from these real life issues while
they are alive, as well as protecting and passing on their clients financial and non-financial assets.
Their new method, Legacy Wealth Planning, addresses those same concerns and incorporates a holistic
approach to help families build in incentives and conditions on the financial wealth and document their
values, wisdom, family history, items with sentimental and emotional importance, and their desires for
the future.
"This paradigm shift is a reaction to what families have been trying to safeguard for generations.
Unfortunately there has been a lack of focus in the estate planning field that encourages and includes
this type of holistic planning," says Joel J. Loquvam of Loquvam Law, a member of The Board of Governors
of The American Academy of Estate Planning Attorneys a national organization committed to excellence in
Estate Planning.
"Historically wealth is squandered within three generations. With the planning options we make available,
families are able to protect their heirs from future mistakes by being proactive years, and possibly
generations, in advance," says Joel J. Loquvam.
"Our new holistic model is broken into four distinct areas for families to consider about the legacy they
will pass on: Core Values, Life Experiences, Contribution to the Community and lastly Financial Assets" says
Joel J. Loquvam. "This new planning method protects their legacy and has a positive 'pay it forward' effect
on the family and their community that will also impact future generations for years to come."
The law firm of Loquvam Law devotes its practice exclusively to estate planning matters and has helped
thousands of families meet their long-term estate planning goals. For more information about Legacy Wealth
Planning and the Loquvam Law and its services, please call (310) 724-7377, or visit their website at
WWW.LEGACYWEALTHPLAN.COM. Media inquiries on estate planning topics are also welcome.
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