We are going to provide an explanation of the gift tax in this post, but before you can understand the purpose of this tax, you have to digest some
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Contact NowLos Angeles, California Estate Planning
Did you know that each of us has an estate? Your estate is merely the assets you own, such as your car, residence, other real estate, cash and bank accounts. Regardless of how big or small, we all have an estate that we cannot take with us when we die. This is why estate planning is important for everyone!
Most people want to have control over what happens to their “things” after their death. We want to choose who receives our property and make sure our wishes are carried through. In order to do that, clear instructions must be left behind for those who survive us. The goal of estate planning is to ensure that your assets are transferred to your loved-ones with the least amount of taxes, legal fees and court costs as possible. Estate planning attorneys know how to make this happen.
Los Angeles, California Elder Law and Medicaid Planning
Elder law is a special area of the law devoted to the legal issues affecting seniors. This specialty includes advocating for seniors on legal issues, as well as counseling, educating, and planning for the future. Elder law requires working closely with clients and their families to accomplish each individual’s specific goals.
Elder law attorneys are trained and experienced to recognize the client’s current legal needs as well as to anticipate issues that may arise down the road. Therefore, a good elder law attorney’s advocacy will always extend beyond simply rendering legal services. Elder law attorneys must remain knowledgeable of the ever-changing laws concerning seniors. It is also good practice for elder law attorneys to stay connected to a network of professionals who routinely provide services for seniors in the community.
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