California residents might have a hard time getting an estate plan started. Not only can it be an emotionally draining process, but there are a lot of steps to carefully consider. Most people don’t think of estate planning as being more than setting up a will. But for...
Month: January 2022
Spousal lifetime trusts
With gift and estate exemption limits decreasing in the next few years, California residents may be looking for solutions. Spouses can, temporarily, transfer wealth to each other through gift deductions of no more than $11.7 million for each spouse. When used...
What is elder law?
Some people in California get elder law and estate planning mixed up. While there are some issues that cross over, these two areas of law are different. Estate planning generally concerns what happens to your property after you die while elder law focuses exclusively...