Being trustee can be a thankless job, one with lots of stress and the risk of personal liability. California law places the following legal duties upon the trustee of an incompetent or deceased person’s trust: The trustee has a duty to administer the trust solely in the interest of the beneficiaries. If a trust has … Continue reading What are a trustee’s duties and potential liabilities?
Due process and California law requires that your closest blood relatives* be notified by the person in charge of your estate if you died or became incompetent in each of these California contexts: If probate is required because you died without a will, your administrator must notify your heirs*, as your heirs are those who … Continue reading Your family tree: its due process importance in estate administration, trust administration, and conservatorships
Over the years, I’ve seen lots of people regret what they did with their inheritance. Regrets over how their inheritance was spent or how it was invested or how it was taxed or who gained access to it. Regrets over who will inherit it. And regrets about what happened to their inheritance in a divorce. … Continue reading Planning how to improve your life with your inheritance
Being trustee can be a thankless job, one with lots of stress and the risk of personal liability. California law places the following legal duties upon the trustee of an incompetent or deceased person’s trust: The trustee has a duty to administer the trust solely in the interest of the beneficiaries. If a trust has … Continue reading What are a trustee’s duties and potential liabilities?
Due process and California law requires that your closest blood relatives* be notified by the person in charge of your estate if you died or became incompetent in each of these California contexts: 1. If probate is required because you died without a will, your administrator must notify your heirs*, as your heirs are those … Continue reading Your family tree: its due process importance in estate administration, trust administration, and conservatorships