by Stephanie Solheim | Nov 17, 2021 | Trusts, Trust Administration
A trustee’s primary responsibility is to manage the trust assets, but this job comes with several obligations. You may want to obtain legal help if you are appointed trustee of a trust so that you can ensure that all of your duties are properly fulfilled. The scope of... 
by Stephanie Solheim | Nov 17, 2021 | Trusts, Trust Administration
State laws require legal trust accounting for trust accounts. In California, your beneficiaries should be kept reasonably informed regarding the trust and its administration if you have a trust account for an estate or trust. At least once a year, as well as at... 
by Stephanie Solheim | Nov 17, 2021 | Trusts, Trust Administration
WHAT IS A CHARITABLE TRUST? Sometimes people have charitable intent and desire to give their assets to a charity. The law favors charitable trusts, sometimes called public trusts, by according them certain privileges, such as an advantageous tax status. BENEFITS OF... 
by Stephanie Solheim | Nov 17, 2021 | Probate
A loved one’s passing is something we’ve all experienced. With how profound the loss is and how devastating it can be for some families, the last thing your loved ones should have to deal with is legal complications to claim their estate. In the event of accidental... 
by Stephanie Solheim | Nov 17, 2021 | Probate
Being named Executor in a will in California is an honor, but it comes with significant responsibilities, which are often confusing.It is important to note that starting the probate process is an important step for executors. Although you have been named Executor in a...