Summer 2017 Newsletter

Laura K. Meier
Creating estate, business, and life plans that ensure a family’s complete protection and well-being.
Are You or Your Spouse a Veteran?
 
Meier Law Firm is now offering comprehensive Veteran estate planning services, including help securing the VA Aid and Attendance Benefits available to qualifying U.S. Veterans and their spouses who served during war-time.  
 
To see if you or your loved one qualifies for this important and well-deserved benefit, please call Bonnie Johnson at (949) 718-0420 to talk with a Meier Law Firm attorney or paralegal to receive a preliminary opinion on your eligibility.
 
Upcoming Workshops
 

Asset Protection Workshop and Dinner for Physicians and Business Owners

 

August 2, 2017 | 6pm-8pm

 

Phans 55 Vietnamese Bistro

6000 Scholarship Irvine, CA 92612

 

RSVP to Quynh Dao at [email protected] or call (858) 202-2328

 

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Kids Guardian Workshop

Applied Medical Devices

 

August 22, 2017 | 11am-12pm

August 22, 2017 | 1pm-2pm

 

30200 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688

 

Private Events

 

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Kids Guardian Workshop

United Cerebral Palsy of Orange County

 

September 6, 2017 | 6pm-8pm

 

980 Roosevelt #100, Irvine, CA 92620

 

RSVP to Alicia Stearns at [email protected] OR call 949-333-6430

 

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Estate Planning Basics

Applied Medical Devices

 

September 13, 2017 | 11am-12pm

September 13, 2017 | 1pm-2pm

 

30200 Avenida De Las Banderas, Rancho Santa Margarita, CA 92688

 

Private Events

 

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10 Legal Protections for Children with Special Needs

United Cerebral Palsy of Orange County

 

September 14, 2017 | 6pm-8pm

 

980 Roosevelt #100, Irvine, CA 92620

 

RSVP to Alicia Stearns at [email protected] OR call 949-333- 6430

 

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Kids Guardian Workshop

Marguerite School

 

September 19, 2017 | 5:30pm-7:30pm

 

Contact Bonnie Johnson at (949) 718-0420 or [email protected] for details and registration.

 

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Many businesses are now offering their employees assistance with naming guardians for free.  We can help you offer this important benefit to your employees.  Call Bonnie Johnson at (949) 718-0420 to learn more. Meier Law Firm conducts workshops all over California.

 
 
Let's Get Started on Your Planning!
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Taking the first step can see like the hardest, but it's so important to protect yourself, your family, and your assets!
 
Call our friendly Client Services Director Bonnie at (949) 718-0420 to learn how easy we make the estate planning process.  
 
Our clients tell us how surprised they were to discover they actually enjoyed setting up their plan!  You can read about their experiences by clicking here.
 
Most clients begin by attending a 90 minute planning session to determine what type of planning you need.  Call Bonnie to schedule or click here to schedule a planning session online.
 
Thanks to Facetime and Skype, attending a planning session is more convenient than ever.  We are happy to meet with you in our Newport Beach office or virtually.
 
About Joshua and Laura Meier
 
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Joshua and Laura Meier are top California family trust attorneys and the parents of four young children. Their Newport Beach estate planning law firm is dedicated to guiding families.
 
Laura is the author of the #1 best-seller, Good Parents Worry, Great Parents Plan. Josh and Laura conduct estate planning workshops throughout Southern California and have been featured on NBC, ABC, CBS, FOX, WORTH, OC Metro, ParentingOC, and more.
 
Click here to read more about Josh and Laura.
 
Thank you for Your Fabulous Online Reviews!
 
We want to sincerely thank you for your online reviews!
 

"We worked with Josh to get our wills and trusts completed. What a surprisingly painless and professional experience!  

No pressure, friendly, 100% trustworthy and very knowledgeable (even for some of the more complicated financial situations we presented).  Josh and Bonnie guided us through the whole process and boy do they make it easy (as could possibly be).  

 

The flat rate pricing was very attractive, but the final product was even better!  They've got the process dialed in and were always happy to answer any questions we had (without being nickel and dimed every time).  It felt like a team process vs. a standard lawyer-client relationship.

Thank you Josh and Bonnie!"

 

 
We would love for you to share your experience with Joshua or LauraPlease click below on your favorite review site.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal Note From Josh and Laura
 
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Dear Jonathan,
 
Here at Meier Law Firm and the Meier Family, we hope that your summer is going great!
 
My name is Conrad, I am thirteen years old, and I am the son of Josh and Laura Meier. Over the summer, I have been working at my parents’ law firm as an assistant. In the office, I have processed files and helped with tasks around the office. They also asked me to write this month’s newsletter.

 

This summer, I have been bonding with my parents a lot, and not just at the firm. On Mondays through Thursdays, my siblings go to swim lessons at Corona del Mar for an hour. During this time, my mom and I go out for a bite to eat or to Starbucks. We get to talk about things that we are going to do on the weekend and questions that I have.

 

The bond between my dad and I has grown because of the Los Angeles Angels of Anaheim. This summer, my dad got tickets for me to see the Angels play the Washington Nationals on Mike Trout Bobble head Night. We got to see our favorite players, Mike Trout and Bryce Harper who both hit home runs. Although the Angels lost 4-3, we still had a great time at the game together. At home, we have also been watching the games on our TV. Another game that my dad and I play together is Ping-Pong. My dad is really good, so it is really hard for me to beat him, but I can get a win in every now and then. So, getting in a lot of time with my parents has really made my summer a lot of fun.

 

All the best,

Conrad

 
Weekly Quick-Step For the Prosperous Family
 
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NOTE: This quick-step was 100% thought up by and authored by Conrad—Josh and Laura's 13 year old son.

 

Quick Step: How to listen to your kids even when you don’t agree

 

What it is: Showing kids that you may not agree with an opinion they have, but you still will embrace their thoughts.

 

Why we need this: Kids love when their parents embrace their thoughts and opinions. It boosts their confidence and self-esteem. You may disagree with your kids, but when you show that you are proud of them for their opinion, they will become smarter and have a better image of themselves.

 

Estimated time: Daily

 

How to do it: When your child tells you an idea or something they like that you might not, if it isn’t hurting them or somebody else, embrace it. It will boost their confidence and they will start to form their own and smart opinions.

 

Step 1: Be supportive of the idea: When I get an idea, the first thing I want to do, is share it with my parents. I feel smart and proud of myself inside, because I thought of something intelligent and that could be useful. Also, when I form an opinion I feel educated and adult-like. Sometimes though, my parents take it the wrong way, and it can cause an argument. Then, I feel guilt inside and it prevents me from sharing opinions in the future. Most of the time, when I have an opinion and tell my parents about it, they want to talk about it with me. They will support my decision if I have something to back it up. They won’t just jump to the conclusion that if the opinion isn’t theirs, it is bad.

 

Step 2: Embrace the idea: Many opinions that start arguments is sports. Although my dad and I like the Angels, we both have another team that we can argue about sometimes. My dad grew up as a Los Angeles Dodgers fan. I am a San Francisco Giants fan. The Giants and Dodgers have the biggest rivalry in Major League Baseball. Although my dad doesn’t like the Giants, during Spring Break, he took me to AT&T Park to see the San Francisco Giants play. Pushing aside that he doesn’t like the Giants, he took me to the game because he knew that it would be special for me. We ended up having a great time too.

 

Overall Message: As a kid, I want to be acknowledged by my parents as a smart individual who has their own educated opinions. Kids like when their opinions are respected or listened to. So, if your child wants to tell you something that they think, embrace it. It may seem like it’s just an opinion, but inside, they are very confident and will start to think more. When they become a thinker, they become very smart and will become someone who will make a difference at home or in the world someday. 

 

Source: Conrad—Josh and Laura Meier's oldest son.

 

 

 
Featured Article
 

"What Happens to My Parents' Money If They Die Without An Estate Plan"?

By Laura Meier, Esq.

 
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Since my thirteen year old is helping out at the law firm this summer and wrote the August newsletter, I told him to also try and write a blog post to include.  He reminded me that having him do that would totally be illegal since he isn't a lawyer. LOL.  So instead, I told him I would blog about any topic he cared about relating to estate planning.

 

Of course, his first response was "there is nothing about estate planning I really care about."  Then, in classic style he asked, so how do kids get their parents money if they die without an estate plan?  I am glad to see where his priorities are when it comes to our deaths.

 

Here is what happens to assets if parents pass away without an estate plan in place:

 

1. Assets have to go through probate first. Unless there is a named beneficiary on an account who is over age 18 or the account is jointly owned with another adult, assets will have to go through a long and expensive court process known as probate.

 

2. A significant portion of the assets will go to court costs. A significant amount of money will be taken to pay for court related costs.  In California, probate fees are set at 8% of the market value of the estate, and then slide down from there as the estate value rises.

 

3. Assets will be placed in a court-supervised account.  If the beneficiary is under 18, the remaining assets are placed in a court-supervised account until the beneficiary turns 18.  An adult, appointed by the court, can access this money to pay for the minor's health, maintenance, education, and support.

 

4. Asset go outright to adult beneficiaries.  Once a beneficiary turns 18, they receive their inheritance outright, without any restrictions of protections. Because it is no longer protected, it is at risk of creditors, predators, spouses, or a young beneficiary's poor choices.

 

The best way to pass money to children is through a revocable living trust.  It allows you to pass your money to your kids upon your death without them having to go through probate, without enormous court costs, and in a way where the money can be safeguarded from third parties.

 

Call your Newport Beach trust and estate planning lawyers today at Meier Law Firm to talk with a Meier Law Firm attorney on how to avoid probate and set up a revocable living trust.

 

Spotlight
 
Meier Law Firm will provide one free trust amendment* (*up to $250 value) to any client who refers a new client to Meier Law Firm during the month of August.
 
Thank You
 

A big shout out to all of you who have left us such wonderful YELP reviews!  We are so happy that you are all happy!

 

Thank you to Camp Nugget at California State University Long Beach, California State University Fullerton, Mass Mutual, Quynh Dao, Chris Whalen, and Chinese Parents Association for the Disabled Orange County Chapter for hosting our estate planning workshops!

 

Thank you to Kevin Snyder, Nicole Jevsevar Laymon, Jim Bray, Lisa Tran, John E. Altstadt, Dung Vu, Ron Siegel, Ryan Jarus, Steve Rensch, Jennifer Forouzesh, Quynh Dao, and Allen King for your referrals.

 

The best way to refer a client is to call Bonnie at (949)718-0420 or email her at [email protected] and provide her the contact information for your referral.