News & Articles

A trustee who waits until tax season to track down a vendor’s taxpayer ID number is doing the hardest version of an easy task. Form

When a beneficiary starts asking how a trust is being handled, the trustee’s best response is documentation and a clear process, not a defensive explanation.

What Is a Revocable Living Trust in California? A Complete Family Guide For many California families, a revocable living trust is the cornerstone of an

Protecting Your Legacy: How a Trust Can Protect Assets for Loved Ones Struggling with Substance Abuse Planning for the future is never easy — and

The key difference for Testamentary Trust VS Living Trust is a living trust is created while the grantor is still alive and a testamentary trust

The time has come to follow through with your duties as a trustee. In the coming weeks, you will need to distribute the final income

As much as you may think you can trust someone, you always want to be careful, especially when it comes to taking care of precious

When it comes to trusts, it can be difficult to know who does what and what your responsibilities are. The most important role in a trust is

We’ve heard it for years – the only sure things in life are death and taxes. Preparing for the end of life is one of

Being appointed a trustee is a big responsibility that comes with a list of obligations. As a trustee, you’re required to manage the assets of

Does a Beneficiary Have a Right to See the Trust in California? Yes, but timing and status matter. In California, beneficiaries (and even certain

Trust accounting in California is an essential form of transparency and, ultimately, protection for beneficiaries. Legally, trustees must provide beneficiaries with this financial statement

Trusts are a popular way for people to leave behind inheritances for their loved ones and take care of them when they are no

Certain types of trusts can protect assets from lawsuits, which professionals at a higher risk of lawsuits commonly use. Revocable trusts, also called living

When someone becomes a successor trustee, they gain substantial power over a trust and its assets. Unfortunately, for some trustees, the temptation to use

As we get older, people often establish trusts as a way to leave an inheritance and pay off remaining debts with their estate. A

Trust administration is an incredibly time-consuming, costly, and emotionally exhausting process. Especially in the instance of the loss of a loved one, emotions further

Yes, a trustee can withdraw money from an irrevocable trust, but only to pay for third-party expenses and not for personal reasons. This is

A trust gives a trustee the right to hold the title to property or assets for beneficiaries. The three most common types of trusts

If you are thinking about setting up a trust or making gifts in trust, you need to begin thinking about who you will designate,

If your parents have reached an age where they need help with their finances, you may have already stepped in to help. If not,

When you hear the word trust fund, you most likely imagine a wealthy family passing down their assets to their children for generations. However,

Although you may be close to your parents, talking about their plans after their passing can be a hard and awkward conversation to have. To

Many people who find themselves in need of filing a court accounting do not know where to start. We always recommend hiring a qualified

You never know when you will be in a position where you will need court accounting. Depending on your particular circumstance, you may be

As you make plans for the future of your estate, you will come across new terms you are not familiar with. It’s important not

Whether you are a trustee or a trust litigation lawyer, working with an expert trust accountant ensures professional accounting that complies with the probate

As a trustee, you have a significant fiduciary duty and likely must conduct a trust accounting, which is a complex financial task a CPA

Trust accounting in California is the probate-mandated bookkeeping required for trust accounts that encompasses the process of managing and reporting a trust’s finances. It

A trust is the culmination of a person’s life and legacy, and in many ways, a trust accounting is the continuation of that story.

When it comes to trust accounting, trustees are the people responsible for fulfilling this duty. In the Golden State, trustees are required to have

Can a Trustee Also Be a Beneficiary of a Trust? Yes, this is common in family trusts. What matters is how the trustee handles

What to Do When a Trustee Refuses to Give an Accounting (California) Yes, trustees generally must give beneficiaries a clear, written accounting. If a

What to Put in a Trust: The Best Assets for Protecting Your Legacy When you set up a trust, you're taking one of the

What Are My Rights as a Beneficiary of a Trust in California? What are my rights as a beneficiary of a trust? If you’ve

As people age, they often need extra help managing finances, medical decisions, and long-term plans. That support must be based on trust—and the legal

In many families, someone is eventually asked to step into a financial or legal role on behalf of a loved one. That person may

Planning ahead created peace of mind. As of April 1, 2025, California raised the estate value threshold for residents needing a trust. You no longer