Newman Law Group

August 2019 Archives

Estate planning is important for solo agers

There is no question that the American population is aging. An ever-growing number of baby boomers enter retirement in California every day. In many families, children will take the lead on caring for, or finding care for aging parents. This can include making sure that estate planning documents are in order and up to date. What about the number of people who are aging but don't have children, known as solo agers?

Providing for heirs in a blended marriage

Family structures in California have changed over the years. Blended families have become the norm, and this can present challenges where estate planning is concerned. With the addition of second spouses, stepchildren and former spouses, the complexity of formulating a plan for passing on one's estate to one's heirs can seem overwhelming.

Trust preparation can be complex but very worthwhile

Estate planning has its own vocabulary that consists of words like wills, living wills, medical directives, probate and trusts, just to name a few. Trusts allow one to keep the details of an estate private and can simplify the process of transferring assets in California. Understanding trust preparation and probate and the impact on the transfer of one's estate can be key to successful estate planning.