Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles (16 km) south of downtown Santa Ana. As of January 1, 2009, the population was 86,252. The current OMB metropolitan designation for Newport Beach lies within the Santa Ana-Anaheim-Irvine area. The city's median family income and property values consistently place high in national rankings making Newport Beach one of the wealthiest communities in California, and in United States overall. As of February 2010 Portfolio. com ranked Newport Beach, California the richest U.S. city. The Daily Pilot, Costa Mesa, CA a neighboring city newspaper reported more than a quarter households have an income greater than $200,000, and the median value for homes exceeds $1 million.
What is estate planning and probate law?
Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Estate planning attorneys advise clients on their options for disposition of real and personal property after death, and create any number of necessary documents pertaining to the estate and finances of the client -- including wills and trusts. Estate planning law attorneys also assist clients in setting out their end-of-life health care wishes through living wills and health care powers of attorney.