Newman Law Group

November 2017 Archives

Estate tax changes may affect estate planning

Many individuals like to have a plan for anticipated major changes in life. For some, estate planning is important for the inevitable event of someone's passing. When creating a plan, many folks in California wonder about how estate taxes could affect them and whether proposed changes could alter existing plans.

A trust can be a measured way to transfer assets

When it comes time to plan the gifts of inheritance, some individuals may find themselves a bit uneasy. If a person has accumulated a tidy little sum of wealth, he or she may have various reasons for apprehension when it comes time to transfer assets. One may be concerned about the heirs' ability to handle large sums of cash without harming themselves, or there may be concerns about how the money will be spent. In California, individuals with these types of concerns about their heirs may choose to use a trust to bequeath their estate. 

Evolving technology can change how wills are honored

A recent court case shows that attitudes about technology and legal documents are shifting. Not every jurisdiction will share the same interpretation of the law, and in fact, this particular court case did not happen within the United States it serves as an important reminder of how technological updates can affect estate planning. Before individuals start text messaging their wills, though, they should consider the benefits of formal estate planning in California.

The right executor can mean a seamless probate

Those in California who take the time to plan their estates often have to make difficult decisions. Among those delicate choices may be the naming of an executor. This is not a decision to be made lightly or hastily, for example, simply naming the oldest child to the position. Because an executor is responsible for completing many vital tasks to carry an estate through probate, it is important that the testator chose a person with certain qualities.

Health care directives can ease end-of-life transition

At the end of life, many people do not wish to have certain life-saving interventions, choosing instead for methods that ease the transition to death. Some feel that heroic measures are unnecessary and that instead they would just like to be kept comfortable until passing. In California, health care directives are legal documents that set out a person's wishes for end-of-life that can be referred to in case of emergency or if the person is no longer able to communicate their wishes.