At the Law Offices of Stephen A. Newstadt, we act as legal advisors and advocates for a variety of individuals, families and small business clients throughout the Los Angeles area.
We specialize in the following Practice areas:
Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is comprised of everything you own— your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, personal possessions.
Contrary to what you’ve probably heard, a will may not be the best plan for you and your family. That’s primarily because a will does not avoid probate when you die. A will must be validated by the probate court before it can be enforced.
Estate taxes are different from and in addition to probate expenses, which can be avoided with a revocable living trust, and final income taxes, which must be paid on income you receive in the year you die.
We provide custom estate plans designed to avoid probate, eliminate or mitigate estate taxes to the greatest degree and to provide for a systematic approach to the succession of wealth from generation to generation.
Please contact us today for further information about how we can help you with your Estate and Business Planning needs.
