1. Medi-Cal Asset Limit Reintroduction (Effective 2026)
- Asset limits reinstated:
- Around $130,000 (individual)
- Around $195,000 (couple)
- Impacts estate planning strategies, especially:
- Gifting
- Asset transfers
- Use of trusts
2. Federal Estate Tax (Upcoming Impact)
- Federal estate tax exemption is expected to reduce in 2026 (sunset of current law).
- More estates may become subject to estate tax.
- High-net-worth individuals should reassess estate plans.
Estate Laws are crucial in California to avoid the costly and complex process, minimize high taxes, and ensure assets are distributed according to personal wishes. It is advisable to begin the process promptly to avoid complications. Consulting a qualified Estate Litigation and Estatge Planning attorney like Law Office of Antoniette Jauregui . You can also call her at 951-218-4083 or 909-890-2350 to correctly navigate the legal process.
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