Estate planning provides the means to provide for the settlement of one's estate once the individual dies. Because family structures have changed considerably over the years, it is worth taking a closer look at what asset distribution can look like when considering...
Estate Administration & Probate
Review of estate plan necessary to protect estate assets
On Behalf of Newman Law Group | Oct 23, 2019 | Estate Administration & Probate
Another year is winding down. As the season changes, it is typically a time to review the year almost passed and contemplate the year to come. It is also a good time to take a look at one's estate assets and review plans that are in place or establish a plan if one is...
Estate administration important for a plan to succeed
On Behalf of Newman Law Group | Oct 8, 2019 | Estate Administration & Probate
Once an estate plan is established in California, it is advisable that the documents be reviewed and updated as needed. Such updates would be recommended in the event of a major life event such as the birth of a child, a significant change in finances or a significant...
Estate administration planning can reduce stress at painful time
On Behalf of Newman Law Group | Sep 30, 2019 | Estate Administration & Probate
Americans are living longer and healthier lives. As a result, some families in California neglect to review estate plans or to even establish one in the first place. When a parent becomes ill and death may appear imminent, children may find themselves confronted with...
Estate planning can prevent family squabbles over estate assets
On Behalf of Newman Law Group | Aug 28, 2019 | Estate Administration & Probate
Few things in life are certain, with death and taxes noted as exceptions. Most families in California wish to leave a legacy for their heirs but not all of them successfully prepare for it. Estate planning can alleviate many ill feelings and legal ramifications....
New legislation's impact on estate assets in retirement accounts
On Behalf of Newman Law Group | Jun 20, 2019 | Estate Administration & Probate
Families in California with considerable assets have multiple options when creating an estate plan. One of these is how Individual Retirement accounts (IRA) allow one to distribute the asset to one's heirs after one's death. The heirs are required to take a minimum...
Multiple wills can complicate asset distribution
On Behalf of Newman Law Group | Jun 12, 2019 | Estate Administration & Probate
People in California who die without an estate plan in place may not have their final wishes carried out as they intended. Aretha Franklin passed away almost a year ago from complications related to pancreatic cancer. At the time of her death in Detroit, it was...
Estate assets belonging to the elderly may require protection
On Behalf of Newman Law Group | Apr 19, 2019 | Estate Administration & Probate
The sandwich generation is becoming a very popular term in the 21st century in California and elsewhere in the country. It refers to baby-boomers who are attempting to tend to the needs of adult children, aging parents and their own impending retirement years all at...
Is having a will enough to protect estate assets?
On Behalf of Newman Law Group | Jan 8, 2019 | Estate Administration & Probate
The new year has begun and it is a time that people often take a measure of their lives and make goals for the coming year. Estate planning can figure into some of these goals. Life changes such as getting married, the birth of a child or starting a new job can...
Where to begin to protect estate assets
On Behalf of Newman Law Group | Dec 26, 2018 | Estate Administration & Probate
Another year is coming ever closer to its end. As people review the past and anticipate the future, resolutions and plans for the New Year are made. Among those plans may be a plan to protect one's estate assets. A comprehensive estate plan can go a long way towards...
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