An important duty of a trustee is to identify the trust assets. Doing so is not always as easy as it may seem at first.
Articles about Asset Discovery
You must do a probate if someone dies and you need their signature to transfer property. How do you know what property must go through probate?
Personal representatives in California must complete an Inventory and Appraisal Form. This form includes two attachments. Click here to learn more.
During an estate administration it is your duty to manage and distribute the assets. Assets are sometimes not discovered until after the estate is closed.
Administering an estate is not always an easy process. This is especially true when the estate holds an interest a business, as several issues can arise.
Administering a loved one’s estate involves more than just divvying up furniture, clothing, and personal effects and distributing them to family members and friends. The personal representative of an estate has many responsibilities.
Assets are sometimes discovered after an estate has already been closed. Laws, court orders, or estate planning documents direct where those assets should go.
Wondering what to do if you know a decedent had a safe deposit box? View here for more information from a San Diego probate court attorney.