The role of a trustee is complex. They often need to manage property that people they personally know wants to access. They may spend years overseeing the investment and administration of trust assets, all for a relatively small amount of compensation set aside by the...
Trusts are an important aspect of the estate planning process. These are established in order to pass assets down to your beneficiaries without having to go through the probate process. There are several different types of trusts, but they all fall into one of two...
You have worked hard for a very long time to be able to take care of your family. You want to protect and provide for them, including those with special needs. You may have someone close to you who has special needs and you may wish to set up a trust so that you...
Accepting the role of trustee means taking on a lot of work. It also means assuming a fiduciary duty. The trustee managing a trust, controlling its assets and making distributions to beneficiaries will need to perform their duties appropriately and in a timely manner....
A trust has a lot of responsibility in the administration of a trust, including a trust that is part of an estate plan. For that reason, estate planners should know what to take into account when selecting a trustee to administer their trust. Considerations when...
If you’re like a lot of people in the San Diego area, then you’re concerned about what will come of your assets when you’re gone. Sure, you’re probably excited about the prospect of leaving financial resources for your loved ones to enjoy, taking comfort in the fact...
When it comes to estate planning and trusts, a trustee must subscribe to duties of care and loyalty always looking out for the assets within the trust and its beneficiaries. A trustee must avoid acts that would prove harmful to beneficiaries while not promoting his or...
If you have done any research on estate planning, you may have noticed that there are a lot of options for distributing property after death, each with their own pros and cons. Trusts are one of the best tools available to San Diego residents who are beginning the...
As any California resident can attest, it is important to have an estate plan in place. Now, more than ever, it is essential to consider what will occur if one passes on or is deemed incapacitated, as it feels like it is something that can no longer be overlooked no...
Parents of special needs children often take steps to ensure that their young ones receive various forms of care. Unfortunately, a parent cannot expect to be around forever. Parents or guardians in California may worry about their mortality and their children's'...
