Some California elders require help managing their affairs. A conservatorship may be appropriate in some cases but not in others. Some alternatives might be more appropriate for your loved one. When a conservatorship is not needed A conservatorship may not be needed...
Estate Administration & Probate
Can you create an estate plan if you’re financially struggling?
On Behalf of Newman Law Group | Aug 22, 2022 | Estate Administration & Probate
It's advisable that everyone has an estate plan regardless of their age or financial situation. You don't need anything complex to write an estate plan in California. This document details what you want to happen to your property when you die or become incapacitated....
Three helpful estate planning tips for high-net-worth individuals
On Behalf of Newman Law Group | Aug 15, 2022 | Estate Administration & Probate
California is a state many people choose to spend their later years, if not their entire lives. As you reach adulthood and beyond, it's smart to think about estate planning. If you have a sizeable estate, it's important to handle it carefully. With that in mind,...
Some Types of Charitable Giving
On Behalf of Newman Law Group | Aug 1, 2022 | Estate Administration & Probate, Estate Tax
Charitable giving happens when you chose an organization that is close to your heart and give money or another asset. Living in California, there may be a specific charity that you especially like that is close to home. Or it may be a charity that spans the country or...
Considering estate taxes is essential to minimize the amount paid
On Behalf of Newman Law Group | Jul 25, 2022 | Estate Administration & Probate, Estate Tax
While many individuals in California create an estate plan to make it easier to distribute assets to beneficiaries, paying attention to the tax consequences is essential if you're a high-net-worth individual. Understanding the differences between inheritance, state...
Can you pass on your guns after your death in California?
On Behalf of Newman Law Group | Jul 18, 2022 | Estate Administration & Probate
It's possible for you to pass on your guns to beneficiaries after your death in California, but you should know what the law will expect of them. If they don't meet certain requirements, they may have to dispose of the firearms. Temporary waiting period Your...
A new ruling extends Medi-Cal protection to everyone over 50
On Behalf of Newman Law Group | Jul 5, 2022 | Estate Administration & Probate
California has often been a state known for innovation, especially when it comes to healthcare. In a landmark move, Governor Gavin Newsom signed a new bill at a recent press event taking place in Fresno County. Here's more information about this bill and how it aims...
Include a business succession plan when estate planning
On Behalf of Newman Law Group | Jun 27, 2022 | Estate Administration & Probate
Planning for the future is essential when operating a business in California. Life can come with unexpected events that must be prepared for ahead of time. Estate planning is an excellent way to accomplish this task when you want to ensure your assets go to your...
Should you leave your children equal inheritances?
On Behalf of Newman Law Group | Jun 17, 2022 | Estate Administration & Probate
Planning your estate is an important obligation for any California adult. When creating your will, you may wonder if you should leave each of your children the same inheritance. There are reasons why you shouldn’t do that. One child is bad at managing money If you...
Setting up an estate plan with minor children in California
On Behalf of Newman Law Group | May 23, 2022 | Estate Administration & Probate
Estate planning can be a difficult topic for younger California residents, but it’s a necessary conversation to have if you have minor children. An estate plan can ensure your young children are taken care of and provided for should the worst happen. What should...
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