The Sacramento County Superior Court of California just awarded his largest amount in elder abuse damages in the county’s history. After the death of a 79 year old tenant in a local nursing home, approximately $30 million in compensatory and punitive damages was awarded. The tenant had mild dementia, and was relocated to the home [...]
In an article from the Los Angeles Times’ Business section, the author breaks down how an estate plan can save taxes and avoid family fights and probate problems. It delves into the topic by discussing the subsequent fallout that can result from the lack of an estate plan.
70% of Americans die without an estate plan, [...]
While still alive, many parents and grandparents wish to pass their wealth on to their children or grandchildren: these gifts are also a good way to decrease a taxable estate. In 2010, you can give a child or grandchild $13,000 a year without the subsequent incurring taxes, but you may not want the child directly [...]
