Table of Contents Key Takeaways What California Law Requires from Trustees The Trustee’s Fiduciary Duty When…
A person or organization that has been given responsibility for managing someone else’s property or money through a Trust. There are different types of trusts, including Totten Trusts, Special Needs Trusts, Testamentary Trusts, Living Trust, and many others. The type of trust will determine the exact actions a Trustee must take in order to perform their job.
Table of Contents Key Takeaways What California Law Requires from Trustees The Trustee’s Fiduciary Duty When…
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.
As a trustee, you must perform your duties in accordance with a certain standard. Understanding this standard is crucial to avoiding liability.
A trustee can be temporarily suspended during the trial to have the trustee removed. Find out why you may want to consider filing a petition to do this.
Under California trust law, trustees have an obligation to fulfill certain duties. In 1995, California adopted its own version of the Uniform Prudent Investor Act, imposing a prudent investor rule. Learn more here.
Table of Contents Key Takeaways Understanding Beneficiary Rights to an Accounting When a Trustee Must Provide…
When a beneficiary objects to a trust accounting, the objection must be in good faith. If not, the beneficiary may face financial penalties.
Trust Litigation Costs in California explained by a Certified Specialist in Estate Planning, Probate and Trust Law.
Table of Contents Key Takeaways Understanding Ownership in a Revocable Living Trust Roles of the Grantor,…