Moravec Varga & Mooney

Short Answer: A no-contest clause in a California will or trust is a provision designed to discourage beneficiaries from contesting the document by threatening disinheritance or loss of inheritance if they file a lawsuit. While enforceable under certain circumstances, the clause only applies if the contest lacks “probable cause.” It’s a powerful tool to deter legal challenges, but it must be carefully drafted to avoid unintended consequences. Introduction: Understanding No-Co

Short Answer: The Transfer on Death (TOD) Deed allows California property owners to designate beneficiaries for real estate, bypassing probate. While it provides convenience, its rigidity, potential for family disputes, and challenges with Medi-Cal claims necessitate careful consideration. An estate plan with a comprehensive approach, including written instructions, powers of attorney, and up-to-date beneficiary designations, is crucial to ensure smooth asset distribution aft

Short Answer Yes, Medi-Cal can potentially claim your home equity under estate recovery rules, but California law provides several exemptions and planning strategies. With proactive asset protection and careful estate planning, seniors can preserve their principal residence while qualifying for Medi-Cal long-term care benefits. Introduction: The Intersection of Home Equity and Medi-Cal For many seniors, their home represents both financial security and a lifetime of memorie

Short Answer Preparing a Will as part of your estate plan ensures your assets, property, and final wishes are legally protected and distributed according to your desires — minimizing anxiety, reducing the probate process, and preserving your legacy for your loved ones. Introduction: Why a Will is the Cornerstone of an Estate Plan When it comes to estate planning, a Will is the most essential legal document that defines how your property, business, and assets will be distribut

Introduction In today’s world of estate planning, flexibility and oversight are crucial. Traditional trusts often grant broad authority...

Introduction When it comes to estate planning and inheritance planning, few questions cause more confusion than this: How long does the...

Short Answer: A testamentary trust can help protect your beneficiaries from poor financial decisions, preserve government benefits for...

📌 Quick Answer: A holographic will is a will that is entirely handwritten and signed by the testator (the person making the will),...

The Quick Answer: If a Will or Trust Is Ambiguous, You Can Petition the Probate Court and Use Extrinsic Evidence to Clarify the...

When administering a trust in California, one of the biggest surprises can be discovering that an asset—such as a home or investment...

Serving as a trustee in California comes with significant fiduciary responsibilities, one of which is providing accurate and timely trust...

Being named as a trustee in a California trust comes with significant legal responsibilities. But what if you don’t want to accept the...

A revocable living trust is a key component of many California estate plans, offering privacy, probate avoidance, and control over how...

If you’ve been named as a trustee of a California trust, you’ve been given a significant legal and financial responsibility....

When married couples in California begin their estate planning journey, one of the most important decisions they’ll face is whether to...