Learn the fiduciary duties of California executors and trustees, common signs of a breach, and what beneficiaries can do when estate or trust property is mishandled.
Learn the fiduciary duties of California executors and trustees, common signs of a breach, and what beneficiaries can do when estate or trust property is mishandled.
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.
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.
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.