Tustin Estate Planning Law Blog
Ensuring your estate plan is perfect with trust decanting
On Behalf of Newman Law Group | Jun 5, 2023 | Estate Administration & Probate, Trusts
Estate planning in California lets this state's residents prepare for the future. For most people, setting up a trust is an essential part of the estate planning process. However, as you know, life is often full of unpredictability. By decanting your trust, life's...
Probate and estate planning
On Behalf of Newman Law Group | May 29, 2023 | Estate Administration & Probate
Probate is a legal process that administers estates, settles debts, and distributes assets to the intended beneficiaries. If you plan to leave property or other assets behind, you must understand the importance of the probate process in California. Initiating probate...
What a will is and how to create your own will
On Behalf of Newman Law Group | May 19, 2023 | Wills
When California residents start estate planning, they usually start with creating a will. This is a document that protects your interests and the interests of your loved ones in the event of your death. What is a will? A will, often called a last will and testament,...
What a trust fund can do for you and your family
On Behalf of Newman Law Group | May 11, 2023 | Trusts
If you are creating an estate plan in California, you might not realize that one or more trusts could be a part of it. While many people assume that a trust is only for wealthy individuals, this is not the case, and a trust can have a number of uses depending on your...
Five steps to planning for retirement
On Behalf of Newman Law Group | May 4, 2023 | Estate Administration & Probate
If you are beyond your 60th birthday, it may be time to get ready to retire. There are at least five things you should do before you throw a retirement party. Consider your financial needs While there are many factors to consider, generally, you will need about 75% of...
What is a will, and why do you need one?
On Behalf of Newman Law Group | Apr 27, 2023 | Wills
Every California adult should plan for the future in order to protect their loved ones. A big part of estate planning involves having a will. This is what your will means and why you need one. Understanding wills A last will and testament is a legal document that...
What are the inheritance laws in California?
On Behalf of Newman Law Group | Apr 24, 2023 | Estate Administration & Probate, Estate Tax
Many California residents create estate plans to make things easier and less expensive for surviving family members. One thing that they may be worrying about is estate taxes. Estate taxes are the taxes that surviving family members will have to pay on an estate once...
Why everyone needs an estate plan
On Behalf of Newman Law Group | Apr 13, 2023 | Estate Administration & Probate
In the past, people assumed that only the super-wealthy needed to create estate plans. Today, that fact has been disproven, as estate plans provide a litany of benefits to everyone regardless of their social standing. California residents who remain on the fence about...
Get a restraining order when a California senior is being abused
On Behalf of Newman Law Group | Apr 6, 2023 | Estate Administration & Probate
Elder abuse causes physical harm, pain, or mental suffering to a person over 65 or any dependent adult because of a psychological or physical disability. It also includes when needed items are withheld from these individuals. In California, about 200,000 people will...
Factors that render a will outdated
On Behalf of Newman Law Group | Mar 31, 2023 | Estate Administration & Probate, Wills
A will is a legal document that outlines how a person's assets and belongings are to be distributed after their death. However, a will is not a one-time affair; it can become outdated over time. California residents should be aware of the factors that can render a...
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