What is an A/B for an Irrevocable Trust?

What is an A/B for an Irrevocable Trust?

What is an A/B for an Irrevocable Trust? A/B Trust Great question! An A/B trust setup, even within the context of an irrevocable trust, is a type of estate planning structure used to help minimize estate taxes and preserve assets—especially for married couples. 🔤 What...
Financial elder abuse

Financial elder abuse

Definition of Financial Elder Abuse Elder Financial Abuse Financial elder abuse is a form of exploitation where someone illegally or improperly uses an older adult’s money, property, or assets for personal gain—often without the elder’s knowledge, understanding, or...
What are double damages in probate court?

What are double damages in probate court?

What are double damages in probate court? Probate Double Damages In California probate court, double damages under Probate Code Section 859 refer to a penalty for wrongfully taking, concealing, or disposing of estate property. This penalty is twice the value of the...