3 Major Mistakes to Avoid with Trusts: How to Prevent a Trust from Going ‘Bad’

Trusts can be effective estate planning devices for transferring assets, avoiding probate and reducing estate tax obligations. If, however, trusts are not properly set up and maintained during a trustmaker’s lifetime, costly mistakes can happen, potentially negating any benefits associated with having the trust. To help people avoid these pitfalls, the following reveals some of … Read more3 Major Mistakes to Avoid with Trusts: How to Prevent a Trust from Going ‘Bad’

California Trustee Duties: Here’s What You Should Know (Pt. 3)

Concluding our blog series California Trustee Duties: Here’s What You Should Know, below, we will point out some final important things to be aware of when it comes to serving as a trustee in California. California Trustee Duties: Resolving Disputes During the course of administering a trust, should any disputes or issues arise regarding the … Read moreCalifornia Trustee Duties: Here’s What You Should Know (Pt. 3)

California Trustee Duties: Here’s What You Should Know (Pt. 2)

Resuming California Trustee Duties: Here’s What You Should Know (Pt. 1), here, we will continue highlighting some of the primary responsibilities that trustees have when administering trusts in California. California Trustee Duties: Managing the Assets of the Trust When it comes to overseeing the assets of a trust, the terms of the trust should detail: … Read moreCalifornia Trustee Duties: Here’s What You Should Know (Pt. 2)