Including an estranged child in your estate plan is a deeply personal decision that results in both emotional and legal consequences. Whether the estrangement stems from personal disagreements, misunderstandings or has evolved over time due to various life...
Estate Planning
Why empty nesters need new estate plans
On Behalf of Newman Law Group | Mar 20, 2024 | Estate Planning
Having your youngest child finally leave home can be both unnerving and exciting. As you move on to the next phase of your life, however, it’s also time to make a lot of financial changes – and that includes taking a hard look at your estate plan. While it may seem...
Do you need to leave someone $1 to disinherit them?
On Behalf of Newman Law Group | Mar 17, 2024 | Estate Planning
Families can be very complicated – and parents and their adult children do sometimes have difficult relationships. Sometimes, the issues between them become extreme, and they simply cut their ties. Whatever the reason behind your estrangement, it’s not unusual for a...
Is choosing a guardian for your child difficult?
On Behalf of Newman Law Group | Mar 6, 2024 | Estate Planning
One of the most concerning realities for parents is they may be unable to raise their kids to adulthood. Someone else may need to raise your child if you become incapacitated or die before they become adults. But who should you choose? Someone who can take care of...
Naming a guardian for a minor child in a parent’s estate plan
On Behalf of Newman Law Group | Feb 17, 2024 | Estate Planning
Naming a guardian for a minor child is a consequential step in the estate planning process for parents of minor or otherwise dependent children. Making this effort can help to ensure that one’s child is cared for by a trusted individual in the event of their...
Estate planning for your digital life
On Behalf of Newman Law Group | Feb 6, 2024 | Estate Planning
A considerable part of your life may now be online. Even if you do not use social media, you likely use email and perhaps access your bank accounts online. So, it is almost certainly necessary for you to consider your digital life when planning for your physical...
When to review an estate plan
On Behalf of Newman Law Group | Jan 23, 2024 | Estate Planning
Your estate plan doesn’t have to be updated every time you review it. But it is important to carry out periodic reviews so that you can check and see if these updates are necessary. The last thing you want is to pass away with an outdated plan that causes disputes for...
Should you worry if your parents don’t have an estate plan?
On Behalf of Newman Law Group | Jan 10, 2024 | Estate Planning
Many people do not make their estate plan until long after long they retire. That’s a risky gamble for several reasons. Firstly, anyone could die tomorrow. All it would take is one random shooter or one negligent driver to take someone’s life away in an instant. If...
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