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Hi, this is Keith Davidson at Albertson & Davidson. And in this video, I want to discuss step-parents. And I don’t mean to disparage step-parents, there’s a lot of very good step-parent and step-child relationships out there. But, there’s also some
Funny thing about Trustees, they are expected to seek help, just not too much help. Generally, Trustees are not allowed to delegate their duties (see Probate Code section 16012). The rules state that anything the Trustee can “reasonably” be required to personally perform cannot be delegated. And the Trustee can never delegate the entire
There’s Trusts that run smoothly, there’s Trusts that have a few problems, and then there’s Trust where everything is a fight from start to finish. Which Trust sounds most like yours?
the Trust, the assets are
It can be confusing to figure out in which county you should file your California Trust or Will lawsuit. There is a different standard used for Trust actions versus Will actions. What to know the difference? Click play on the video below and find out.
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Selecting the proper Trustee for your California Trust is critical is you want your estate to stay out of the Court system. Over half of the Trust litigation we work on everyday invokes a bad Trustee doing bad things. In this video partner Keith A. Davidson discusses some considerations you should keep in mind in
Another addition to our video series: Partner Stewart R. Albertson discusses how we help protect abused Trust beneficiaries.
The California Court of Appeal (Sixth District) has clarified when a Trustee’s compensation can be limited in Thorpe vs. Reed, decided this month. Thorpe involved a special needs trust that had be created for Danny Reed, who had been the victim of two separate auto accidents. Danny’s mother, Jolaine Allen, was initially appointed the
How do you get a private trustee to take action? A parent dies, one or more of the kids take over as trustee, and nothing happens. The assets of the Trust aren’t gathered together (called marshaling assets), notice is not given to the beneficiaries (as required under P.C. section 16061.7), beneficiaries are kept in the
I get calls every week from California Trust, Last Will, and Estate beneficiaries complaining that they can’t get their brother or sister, who is the Trustee and Executor of their parents’ estate plan, to provide copies of the parents’ estate plan after the parents have died.
I usually suggest the following. First, send a letter
Just in time for Halloween, the creation of the two-headed Trustee. They say two heads are better than one. So why not have two Trustees manage your Trust estate, or better yet a two-headed Trustee.
There can be strength in numbers. And many Trusts are administered with skill and grace with two Trustees at the