If You’re Implementing a Trust, Beware of These Three Myths About Trusts
Here, we’ll discuss three myths about trusts you should know about regarding this implementation. Read more about trust here.
Articles about Administer a Trust
If an asset is discovered after an estate is closed, who receives it?
When it comes to the administration of a trust or estate, it can sometimes seem that nothing is ever simple. Even when you think the administration process is complete,when a asset is discovered that now needs to be dealt with.
Three Duties of a Co-Trustee Implementing an Trust
If you are a successor co-trustee implementing a trust in Orange County, it is important to understand the unique duties of being a co-trustee.
Naming The Trust as Beneficiary.
Naming the trust as beneficiary means you get to choose how it will be distributed. You can also avoid certain tax liabilities. Talk with an attorney today!
I’m a trustee. What does it mean to have a ‘fiduciary duty?’
A fiduciary duty means that you have a legal duty to act solely in the interests of another party.
Terms and Definitions Every Trustee Should Know
The terms and definitions used in the trust and by those involved with you in the administration of the trust may seem like a foreign language.