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.
In the Estate of Anne Heche, the Los Angeles County Superior Court was presented with the question of whether it would consider an email a will despite California’s lack of legislation validating an electronic will.
In the Estate of Billy Joe Douglas (2022) 83 Cal. App. 5th 690, the Third District Court of Appeal, held that a clerical error in naming an estate administrator as a judgment debtor could be fixed by a motion to correct the judgment.
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.