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Trustee Duties in California
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...
What is Trust Accounting?
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...
Charitable Trusts in California
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...
Probate Administration Attorney in California
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...
California Probate: What to Expect?
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...
California Probate Executor’s Duties
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...
Will Revocation Attorneys in California
WHAT IS A REVOCATION OF WILL? A will is a legally binding document, created and signed by an individual, known as a “testator.” It is created to distribute a person’s property and assets upon their death. Revocation of a will refers to the act of revoking a will by...
Affidavit re Real Property of Small Value
In California, if the combined value of a decedent’s real and personal property is $166,250 or less, various methods are available for asset collection without a full estate administration. The probate proceeding to follow to collect the small estate depends on the...
Figuring Out What to Do When a Parent Dies Without a Will in California
If a parent should die intestate (without a will), the children might not know what to do about the parent's assets. Fortunately, if you live in California, clear intestate succession laws exist that direct how to share a deceased parent's property even without a...
How to Change an Executor of a Will and Avoid Problems
You may choose to change the executor of your will because the original executor died or, perhaps, rejected the responsibility. You can also change a will’s executor if you believe someone else will do a better job. If you don’t know how to change the executor of...
