§ 11260 Child Estate Share Exclusion

• •If a kid inherits money or stuff but can’t use it yet, it’s not counted as theirs.
• •This only applies if the money or stuff hasn’t been given to them and they can’t use it now.
• •It’s about waiting until the right time to call it theirs.

A grandpa leaves money for his 5-year-old grandkid in his will, but the money is locked away until the kid turns 18.

Even though the grandkid will get the money later, this law says it’s not theirs yet because they can’t use it now.