Recent Blog Posts
How California’s New Medi-Cal Changes Might Affect Your Estate Plan
Medi-Cal is California’s version of the federal Medicaid program. It provides essential healthcare coverage to low-income individuals and families. Administered by the California Department of Health Care Services (DHCS), Medi-Cal assists vulnerable populations, including low-income families, pregnant women, children, individuals with disabilities, and the elderly. Eligibility for the program is based on various factors,… Read More »
Nevada Division of Assets to Qualify for Medicaid for a Married Couple
Medicaid administers many services, both entitlement, and non-entitlement services. Both federal and state money fund Medicaid with a wide range of programs and services. Determining Medicaid eligibility for Nevada residents over the age of 65 for long-term care is one of those services. Along with assisted living and nursing home assistance, Nevada Medicaid also… Read More »
California Heggstad Petition
The Heggstad Petition is a legal process that helps simplify things when someone passes away and leaves behind a trust in California. It allows the court to recognize assets that were supposed to be in the trust but were mistakenly left out. The petition is named after a court case that set the rules… Read More »
The Complete Beginner’s Guide to Estate Planning
Estate planning in Nevada is not just for the wealthy or elderly. It is a critical process that every resident in Nevada should consider to protect their assets, ensure the smooth transfer of wealth, and provide for their loved ones in the future. By creating a comprehensive estate plan, you can have peace of… Read More »
5 Basics for Business Owners
Starting a business is an exciting time full of possibilities, but it can also be stressful and overwhelming. One of the most important things you can do to set your business up for success is to understand the basics and know when to seek professional help. Retaining an experienced business lawyer is the easiest… Read More »
5 Steps to Spring Clean Your Estate Planning
Spring is a time of renewal and fresh starts, making it the perfect season to review and update your estate plan. Your estate plan is a vital tool that ensures your assets are distributed according to your wishes after you pass away. However, as life changes, it is essential to keep it up-to-date. Whether… Read More »
If a Married Couple Owns Everything Jointly, Do They Need a Will
Even if you jointly own property and assets, you and your spouse would benefit greatly from drafting a will. A Will can ensure that your rights are protected, no matter which one of you passes away first. Surviving spouses have enough to deal with after losing a loved one, and drafting a new Will… Read More »
Are Handwritten Wills Valid in any Circumstance?
Creating a will is a responsible and important step towards ensuring that your assets and property get distributed according to your wishes after your passing. However, thinking about life after you’re gone can feel overwhelming. And estate planning isn’t something most individuals feel comfortable discussing. Yet, estate planning is necessary to protect your loved… Read More »
Stock Market and Housing Market Forecast for 2023
The stock market and the housing market are both tied to the overall health of the economy, which made 2022 a rough year for investors and homeowners. Slowing economic growth, rising inflation, and high mortgage rates made it difficult for many Americans to invest in their futures and make ends meet. Economic growth was… Read More »
Gift and Estate Tax Limits for 2023 for US and Non-US Citizens
The IRS recently announced an increase in the 2023 estate and gift tax exemptions. The annual gift tax exclusion is increasing to $17,000 for each person receiving a gift, which is the highest this exclusion has ever been. For a spouse that is a non-U.S. citizen, the annual amount that can be given is… Read More »