Asset protection should be one of several important goals for every estate plan. Being able to protect your assets from creditors and other liability sources can be very beneficial. Asset protection strategies are necessary if you want to preserve as much of your estate as you can for your heirs. That can only be accomplished if you properly protect your assets. Los Angeles asset protection trusts are one method to consider. When should Los Angeles asset protection trusts be created? When … [Read more...] about The Benefits of Los Angeles Asset Protection Trusts
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2017 Southern California Super Lawyer
Schomer Law Group is pleased to announce that Scott P. Schomer has been selected as a 2017 Southern California Super Lawyer! Super Lawyers are chosen through a multi-phase, patented selection process which includes a statewide survey of lawyers, independent research evaluation of candidates and peer reviews by practice area. The result is a credible, comprehensive and diverse listing of exceptional attorneys. This honor is reserved for those lawyers who exhibit excellence in practice and … [Read more...] about 2017 Southern California Super Lawyer
Elder Financial Abuse California Attorneys Know the Signs
Elder abuse is not limited to physical violence or neglect. Because seniors are also susceptible to elder financial abuse California attorneys know the signs and can help you determine whether you need to be concerned. According to a 2013 study, millions of elderly citizens are victims of financial abuse, including "unfair, deceptive, or abusive practices.” It is estimated that this elder financial abuse results in an average loss or more than $140,000 per victim. An example of financial … [Read more...] about Elder Financial Abuse California Attorneys Know the Signs
Dying Intestate – California Blended Families Need to Plan
For most, a second marriage can be a blessing. But for some they come with special challenges, especially in the area of estate planning. When you and/or your spouse have children from previous relationships, in addition to their own children together, the situation can become rather complex. The same is true for the assets you and your spouse may have brought into the relationship, as well as those assets you accumulate together. Having an estate is very important as dying without a will (or … [Read more...] about Dying Intestate – California Blended Families Need to Plan
Why You Need Family Estate Planning
If you want to be sure your property is protected and properly distributed to your loved ones at the time of your death, then you must do some family estate planning. In the absence of proper estate planning, your family may be forced to deal with serious tax consequences, as well as other issues. Another consequence of not having a family estate plan is that you will be leaving most of the decisions relating to your estate to a judge, as opposed to making those decisions yourself. What … [Read more...] about Why You Need Family Estate Planning
Planning for the Possible Guardianship of a Minor
Every family with minor children needs to be prepared for the possibility of guardianship in the unfortunate situation where both parents are no longer around to care for them. Though no parent wants to actually think about it, you would want to know that if something happens to you, your child will be in good hands. Planning for guardianship will give you the peace of mind you need. What is a guardianship? Guardianship is the legal status conferred by the court that gives an individual the … [Read more...] about Planning for the Possible Guardianship of a Minor
