Trustee Duties in California

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 of...
What is Trust Accounting?

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

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...