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By Kate Halligan

Optimize your Money: The Maximum Value Date for Intended Inheritance

Under a distribution scheme like the example above, your children will not receive their intended inheritance until your death, meaning most children receive when they are approximately 55 years old. By that time, your children are at a stage of their life where the money will not be as impactful, or they cannot use it to optimize their life in the way they could have when they were 30 years old.
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By Kate Halligan

New Bill aims to Protect Vulnerable Adults from Isolation

Since its adoption in 1982, the Elder Abuse and Dependent Adult Civil Protection Act (hereinafter referred to as the “Elder Abuse Act”), has been continually expanded by the Legislature. Effective January 1, 2023, the Elder Abuse Act will include California Assembly Bill 1243 (AB 1243). Under AB 1243, two expansions will be made to protect elders and dependent adults: (1) interested parties may seek anti-isolation restraining orders and, (2) courts may review the propriety of “specific debts” to determine whether they are the product of elder abuse.
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Herrig & Vogt

New Partner Announcement

Herrig & Vogt is excited to announce that attorney Trevor Hensley has become a Partner in the firm. Mr. Hensley
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