Newman Law Group

May 2018 Archives

A power of attorney can help aging parents

Some children watch their parents get older and wonder how they will handle the needs of their parents as they age. If the parent becomes ill or otherwise unable to manage his or her finances and health care decisions, who can help? In California, a parent may choose to assign a power of attorney to one of his or her children so that the individual can help the parent in the event of illness or emergency. 

Estate planning can foster asset protection

Many individuals will enter the estate planning process at some point in their lives. By using good strategies and avoiding common pitfalls, an individual can feel confident in asset protection. California residents may choose to transfer assets to their heirs in several ways, but if there is an oversight, the people left behind may face costly and inconvenient legal barriers.