Blog: Trust Administration

The California Prudent Investor Rule is a critical legal standard that governs the conduct of trustees in managing trust assets. This rule, which is...

How do you compare a living trust vs. a will in California? Wills and trusts both allow you to dispose of your property to beneficiaries. Beyond...

Anyone involved in a trust or estate administration or dispute will invariably encounter the term “fiduciary duty,” or a variant of the...

The last steps in a  trust administration  include: Filing the final income tax return Obtaining an estate tax closing letter from the IRS...

A “no contest clause,” according to California Probate Code section 21310(c), is “a provision in an otherwise valid instrument...

In a trust administration, a “reserve” is money the trustee retains for a period of time after the trustee believes the trust...

Almost half of all Americans under the age of 30 do not save for retirement. Further, there appears to be a disparity between what many millennials...

Many baby boomers-the 76 million Americans born between 1946 and 1964-have retired or are heading toward retirement, with roughly 10,000 retiring...

Many estate and trust litigation cases could be avoided if non-professional trustees understood the benefits of preparing a trust accounting. The...

Many people mistakenly believe that the transfer of trust assets is simple and automatic. This misconception often results in disappointment when...