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Category «Trusts»

What You Need to Know About Post-death Trust Administration in California

The trustee manages and distributes assets of the trust in post-death trust administration in California. A trustee of a trust has fiduciary duties to administer the trust according to the trust’s terms and California law. The trustee assumes personally liable to beneficiaries of the trust for any breach of his or her fiduciary duties. A …

How to Avoid California Probate in Four Steps

Estate planning is an essential part of life. Planning ensures that your assets are distributed according to your wishes after you pass away. Planning avoids probate. Probate is the legal process by which a court oversees the distribution of your assets after your death. Probate is long and expensive. Best to avoid it if possible. …