The Estate Planning Specialist from the leading edge
It's a whole new ballgame. The laws have changed and so have the rules and strategies of Estate Planning. The lawmakers have informed us it's only going to get more dynamic and perilous. Change is, as they say, 'the only constant'. Get help from the leading edge and stay ahead of the game.
Below is a small sampling of the many estate matters we have successfully and victoriously handled:
- On a Medi-Cal qualification issue, Yahnian Law Corporation planned and qualified an incapacitated spouse for Medi-Cal when other lawyers told the well spouse it could not be done.
- Prepared, with very short notice, for an ill patriarch, and little time, as well as hostile family members who did not understand the objective of the plan or its parameters, a family business estate plan that stood up to IRS challenge in U.S. Tax Court. The plan we prepared thereby saved the patriarch's family (who became the decedent's family) 1.5 million dollars in estate taxes.
- Advised client on the formation and organization of a new entity to conduct business. Asset preservation became important later when business liabilities resulted. Client's personal assets were protected in a way they would not have been if client had proceeded without the assistance of Yahnian Law Corporation.
- Asset and Estate preservation matter. Client's husband died in an auto accident and sadly, in the process, several others also perished. Using lawful means, Yahnian Law Corporation took legal steps few attorneys are aware of to preserve the decedent's estate for his widow. The estate was sued, but the creditors settled for liability insurance proceeds, which were substantial, in that legally, the estate was configured in a way that made it protected for the widow's continued benefit. As a result, the widow was not left destitute nor deprived of the assets she and her husband had worked so hard for so many years to provide for their old age.
- Client, a surviving spouse, came to us with a botched Living Trust estate plan prepared by another law firm, after her husband died. They had been hoodwinked by a financial services firm into buying a cheap living trust as well as expensive (high commission), non necessary annuities. We reviewed and analyzed the plan, then, based on that review and analysis prepared documents to modify and repair the estate plan, thereby saving the surviving spouse anxiety and later problems.
- We have prepared numerous living trust based estate plans and handled the transfer of title to assets in order to avoid probate.
- We have prepared Medi-Cal applications to qualify our clients for state paid nursing home care while preserving assets for the well spouse to live on.
- Preparation of numerous business succession plans for clients seeking to transfer family business to children, provide for children not active in the business, and also to minimize taxes.
- Creation of transfer strategies minimizing tax aspects of life insurance.