In California, trust contests begin with a petition in probate court. Be sure to include key facts and file in a timely manner. Read on for more information.
Read More
Acting as a co-trustee may lighten the workload, but it does not reduce your potential liabilities. Co-trustees can be held jointly and severally liable.
Table of Contents Key Takeaways What Is a Revocable Trust? When Does a Revocable Trust Become…
Table of Contents Key Takeaways The Beneficiary Notification Process in California General Timelines for Beneficiary Notification...
Read More
Table of Contents Key Takeaways Executor Accounting Process Beneficiary Rights in California Executor's Duty of Transparency...
Read More
Table of Contents Key Takeaways Understanding the Trustee’s Duty Common Ways Trustees Violate the Trust Legal…
As a successor trustee, your duties begin if the current trustee is mentally incompetent. It is important to act quickly to protect the trust assets.
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.
Errors documenting estate expenses in an executor’s accounting are fairly common. Following certain rules will help avoid these mistakes.
Key Takeaways Beneficiaries harmed by a breach of fiduciary duty may recover damages under California law….