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 Administration & Probate
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...
Estate administration is a key component to any plan
On Behalf of Newman Law Group | Dec 4, 2018 | Estate Administration & Probate
As one year ends and another begins it is a time to review the past and look to and plan for the future in California. Future plans may include setting up an estate plan or revising an existing plan. If a trust is involved, an important decision must be made that will...
Distribution of estate assets need not cause family squabbling
On Behalf of Newman Law Group | Nov 30, 2018 | Estate Administration & Probate
People in California are becoming aware of the importance of estate planning due in part to the number of prominent people who have recently passed away without having one. The lack of a plan can cause chaos and tie up an estate in probate for years. Simply having an...
Wills may need revision to ensure proper asset distribution
On Behalf of Newman Law Group | Nov 8, 2018 | Estate Administration & Probate
Baby boomers are retiring at an astonishing rate in California. Now in their 50s and 60s, many baby boomers are stepping back from careers to enjoy grandchildren, golf and other retirement pursuits. One issue they may need to pay attention to is their estate plans....
Probate explained
On Behalf of Newman Law Group | Oct 9, 2018 | Estate Administration & Probate
Estate planning in California can seem like a large, complicated process that is filled with unfamiliar terms. Words like power of attorney, wills, executors, trusts and probate can sound intimidating if one doesn't understand what they mean. Perhaps one of the less...
Lack of a trust can result in probate
On Behalf of Newman Law Group | Sep 5, 2018 | Estate Administration & Probate
One does not need to be a celebrity in California to recognize that if a person has a sizable estate, that person should have an estate plan in place. The plan typically includes a will and appropriate trusts. If trusts are used in place of a will, this may allow the...
Protecting assets not subject to probate
On Behalf of Newman Law Group | Jul 19, 2018 | Estate Administration & Probate
There are many pieces to an estate plan in California. Many of these involve assets to be distributed to beneficiaries following a person's death. Some of these assets are subject to probate and some are not. Typically, the assets that have a named beneficiary...
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