As we age, we often rely on others to assist us with maintaining our independence. Unfortunately, many seniors encounter caregivers who take advantage of their vulnerable state to financially benefit themselves. The good news is that, for beneficiaries, caregiver inheritance
Trustee duties in California are legal obligations placed on trustees to protect the interests of beneficiaries and the trust. If a trustee fails to fulfill these duties, then the trustee is in breach of his or her fiduciary duty. When
Trustee duties in California are crucial legal obligations trustees must uphold in order to properly and fairly administer a trust for the benefit of a beneficiary. A trustee’s failure to fulfill such fiduciary obligations constitutes a breach of fiduciary duty.
A corporate trustee is, in some ways, similar to a regular trustee. Expertise distinguishes them. While this specialized experience typically instills confidence in their abilities, it is not uncommon for beneficiaries to sue. For corporate trustees, it is crucial to
For beneficiaries, trust accounting is a crucial defense against underhanded or negligent trustees. This legal tool is an extension of one of the most important trustee duties in California for beneficiaries to understand: The duty to keep beneficiaries reasonably informed.
In the wake of a loved one’s passing, it is normal to feel complex emotions. Unfortunately, these complicated emotions can complicate sibling relationships, especially when it comes to inheritance. This added emotional wrinkle is often at the heart of siblings
When contesting a trust in California, there’s more than financial capital at stake; there’s emotional capital on the line, too. Because of this, you must understand the likelihood of winning a trust contest to ensure that you emerge from court
A trustee has a lot of power over a trust and the inheritance beneficiaries receive. Whether intentional or unintentional, failure to uphold their fiduciary duties, administer the trust per the trust document and probate law, and manage the trust in
When someone is appointed as a trustee, this signals a strong belief in their integrity. There are several trustee duties in California they must uphold, and probate law and the trust document dictate how they must administer the trust. One
Whether a trustee is being negligent or outright underhanded, working with an Orange County trust litigation attorney is essential to successfully sue the trustee, receive justice, and reverse any damage they may have caused to the trust. However, filing a