Can a Trustee Make Partial Distributions?
In a typical trust administration, the family home is sold, the brokerage accounts are liquidated, and all the ...
How to Prepare a California Trust Accounting
As the successor trustee in a trust administration, one of your most important tasks is to create and maintain ...
What to Do With the Family Home in a California Trust Administration
In California, the family home will go through probate unless it is in a living trust. As a result, people ...
What Is Fiduciary Duty in California?
Your mom just died. But thank goodness she had a living trust. And now it's your job to administer it. She ...
What Is a Heggstad Petition? California Probate Code §850 Explained
A Heggstad Petition asks a California probate court to confirm that an asset legally belongs to a living trust, even ...
What Happens When Beneficiaries Disagree Over Personal Property?
I wrote about the framework for handling a deceased loved one's personal property in my previous post
Distributing and Disposing of Personal Property During a California Trust Administration
Your parents have died. Thank goodness they had a living trust. And so far, it looks like their home, investment ...
Trust Inventory: Locate, Protect, and Value Trust Assets
When someone who had a living trust dies, the successor trustee will receive the trust binder with the estate ...
How to Open a Trust Bank Account in California After Death
After someone dies with a California living trust, the successor trustee will need to set up a trust bank account. A ...