Schomer Estate & Wealth Advisors

06/24/2026

The Hidden Threat to Generational Wealth Isn't What Most Families Think.

Many families spend decades building savings, paying off a home, and planning to leave something behind for their children. Yet long-term care costs can quickly change that.

As Americans live longer, more families are facing the reality of expensive nursing homes, assisted living facilities, and in-home care. These costs can drain retirement savings, reduce inheritances, and place significant financial and emotional burdens on spouses and adult children.

The conversation about estate planning isn't just about what happens after you're gone. It's also about preparing for the possibility that you may need care during your lifetime.

Planning ahead can help protect your finances, preserve your legacy, and ease the burden on the people you love most.

read the article here - https://tinyurl.com/y7e6wjdp

Have you talked with your family about long-term care planning?

06/23/2026

Estate Planning Checklist: 13 Smart Moves

Follow this estate planning checklist to hold on to more of your hard-earned money for both you and your heirs.

Many people think estate planning is only for the wealthy, but the reality is that everyone can benefit from having a plan in place.

A recent estate planning checklist highlights several key strategies that can help protect your assets, reduce stress for your loved ones, and ensure your wishes are carried out. Some of the most important takeaways include reviewing beneficiary designations, keeping your documents current, considering whether a trust makes sense for your situation, planning for long term care needs, and organizing your financial accounts so your family can easily access important information when needed. ([Kiplinger][1])

The biggest lesson? Estate planning is not a one time event. Life changes, laws change, and your plan should evolve with them.

The families who avoid unnecessary court costs, delays, and confusion are often the ones who took the time to plan ahead.

The best estate plan is the one you actually have.

Have you reviewed your estate plan in the last few years?

Read the Kiplinger article here 👉https://www.kiplinger.com/retirement/smart-estate-planning-moves

06/23/2026

Trusts vs. Wills: Which is right for you? Comment below with your thoughts!

06/19/2026

Celebrate Juneteenth: Honoring the Legacy of Freedom

Today, we join the nation in observing Juneteenth, an essential milestone in American history. Also known as Freedom Day or Jubilee Day, June 19th marks the anniversary of June 19, 1865, when Union troops arrived in Galveston, Texas, to announce and enforce the emancipation of all enslaved people—two and a half years after the Emancipation Proclamation had officially been signed.

The legacy of Juneteenth is a profound reminder of resilience, survival, and the enduring human spirit. It is a day to honor the immeasurable contributions of Black Americans to the fabric of our country, reflect on the long journey toward true equality, and look forward with hope.

06/19/2026

Are your assets titled correctly? Small oversights can lead to big headaches later. Let’s chat about it!

06/19/2026

5 Financial Mistakes That Will Make Your Kids Hate You

Don’t let estate planning blunders, money secrets or other slipups create a rift

Estate planning is often framed entirely around numbers, assets, and legal documents. But at its core, it is about relationships.

A recent AARP article highlights a crucial truth that financial planners see every day: the biggest estate planning mistakes aren't always about math,they are about a lack of communication. When we don't plan transparently, our loved ones are often left inheriting administrative chaos, confusion, or lingering financial mysteries during an already difficult time of grief.

To protect your family harmony, keep these key takeaways in mind:

⏺No Estate is Too Small: Dying without a will ("intestate") forces your heirs into probate court, whether you are leaving behind millions or just a few hundred dollars. Even small accounts require clear, legal instructions to tie up.

⏺Clarity Beats Secrecy: If you plan to distribute assets unequally or have made unique end-of-life decisions, explain them now. Open conversations today prevent resentment and misunderstandings tomorrow.

⏺Appoint with Context: Don't just assign roles like Executor or Power of Attorney on paper. Talk to your chosen children or family members so they fully understand the responsibilities and your wishes ahead of time.

Estate planning isn't just about protecting your wealth; it’s about protecting the people you love from unnecessary stress. Let's make "no surprises" the golden rule for the next generation.

👇 What is one piece of advice you’ve found most valuable when discussing future planning with family? Let’s talk in the comments.

Read the full insights from AARP here: https://www.aarp.org/money/retirement/financial-retirement-estate-planning-mistakes-to-avoid/

06/18/2026

This Saturday is the one you do not want to miss.

Attorney Scott Schomer takes the stage June 20th at 11:00 AM for a free live session on protecting and growing generational wealth. Whether you are thinking about setting up a trust, updating your existing estate plan, or simply want to understand your options, this session was made for you.

In person seating is limited, so please register today if you plan to attend at our El Segundo location. Zoom is also available for those joining remotely.

This is a free event. Registration takes less than a minute.
www.schomerlawgroup.com/seminars

Join us for free seminars for the most up-to-date information on how you can protect your assets during your life and preserve them after your death.

06/18/2026

Did you know that an estimated 56% to 70% of adults have no estate plan in place? That means no will, no trust, and no power of attorney -nothing!

The real question is: What's stopping you? And why are so many people putting off these essential documents that help protect their families, assets, and wishes?

A common misconception is the Estate Planning is only for the wealthy but reality is it is for anyone who wants peace of mind, a plan for the future, and who has a family or loved ones.

06/18/2026

Financial Freedom Isn't Being Rich. It's Having Choices!

For a lot of Gen Z, financial freedom isn't about yachts, luxury cars, or becoming a millionaire overnight.

It's being able to pay your bills without stressing every time your phone buzzes.

It's saying "yes" to experiences you love and "no" to opportunities that don't align with your goals.

It's having an emergency fund so one bad day doesn't become a financial crisis.

It's being able to take a vacation, change careers, start a business, or move to a new city because you want to and not because you're forced to.

Financial freedom looks different for everyone. The real question is:

What would your life look like if money wasn't making your decisions for you?

Drop your answer below - because we would love to know!

06/17/2026

Probate can be a headache for your loved ones. What steps are you taking to avoid it? Let’s chat!