CA Medi-Cal Asset Limits going to $130,000 for individual and $195,000 as of July 1, 2022
Formerly, applicants to the CA Medi-Cal program were limited to $2,000 in asset ownership in order to qualify for benefits....
Portability Election now has 5 year window
The IRS issued a private letter ruling [Revenue Procedure 2022-32 (irs.gov)] allowing the election of a Deceased Spouse’s Unused Exemption...