Kaiden Elder Law Group Estate & Elder Law Blog

If one of your goals is to transfer real estate to your children without incurring a property tax reassessment, you might be able to accomplish this by forming a family limited liability company (LLC) to hold your real property. By making your children members of a family LLC, your property might...

Inflation at a 40-year high has forced many Americans to change how they prioritize their spending. In reaction to the increased cost of every day living, the IRS, Medicare, Social Security and DHCS have thankfully made favorable adjustments to help Americans in 2023. The new year offers greater ...

The FDIC establishes limits for insurance on trust accounts. While insurance helps to protect investors and trustees, the FDIC does limit the amount of insurance per account. Keep reading for more information. What Is FDIC Insurance? The Federal Insurance Corp. (FDIC) is a government agency that ...

In July of 2021, the California Legislature passed its 2022 – 2023 budget. The plan included Assembly Bill 133, implemented to create a more accessible and affordable health care system for Californians. As part of AB 133, the asset test for certain Medi-Cal programs will be eased and eventually ...

What Is Prop 19? Proposition 19, The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act, was passed was approved by California voters on November 3, 2020. This important proposition allows individuals over 55 or those who are severely and pe...

From time to time, my clients ask me about health care costs and how much they should sock away? Of course, trying to figure out how much money seniors need in retirement for health care is a moving target, but most people are aware that health care costs are continually outpacing inflation. And ...