In some cases, multiple trustees are appointed to handle a trust’s administration. Co-trustees must understand their responsibilities when filling this role.
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During probate, Letters of Administration are issued by the probate court. This document provides proof of authority to act on behalf of the estate.
If you are unsure of whether or not your parents had a will or trust when they died, know what steps you can take to find out. Probate may be necessary.
If you haven’t gotten a copy of the trust, there might be other problems in getting…
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.
Table of Contents Key Takeaways Understanding a Trustee's Duty to Protect and Preserve Trust Property Taking...
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Table of Contents Key Takeaways Understanding the Trustee’s Role The Role of the Trust Document Factors…
Unfortunately, trustees do not always fulfill their obligations to the best of their abilities, and the California Probate Code provides many reasons for seeking the removal of a trustee from the San Diego probate court.
If you haven’t gotten a copy of the trust, there might be other problems in getting…
Table of Contents Key Takeaways Why Trustees Must Avoid Conflicts of Interest Recognizing a Breach of…