Trustee Duty to Inform Beneficiaries Cannot Be Waived

Many trusts documents waive the trustee’s duty to account and to report to the beneficiaries.  This is allowed by law subject, however, to a court nonetheless requiring such an accounting when necessary to protect the beneficiaries.  The duty to provide accountings is often waived by the trust’s creator because the creator wants to reduce trust […]

posted on: January 26, 2015

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Domestic Partners & Tax Returns

When filing their income tax returns, Registered Domestic Partners must now report half of their community property earnings on their federal individual tax returns.  The IRS issued a letter in 2010 ruling reversing its prior position. Accordingly, each domestic partner reports half of his/her income and half of his/her partner’s income when filing their individual […]

posted on: January 26, 2015

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Good News Regarding Medi-Cal

        This past weekend I attended a very informative legal education seminar in Sacramento regarding Medi-Cal.  It focused on the proposed (draft) Medi-Cal regulations that will eventually implement the dreaded 2005 federal Deficit Reduction Act (DRA) legislation; that greatly constrict Medicaid eligibility nationwide.  There was also a 1 hour question and answer session […]

posted on: January 26, 2015

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