In the state, the authority of an executor is specified by a court or any wishes the deceased involved had. Estate administration and probate in California may end with an executor that the estate’s owner didn’t choose. Whether appointed by a judge or the deceased, an...
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Year: 2021
Differences between spendthrift and asset protection trusts
No one is perfect, so you may need provisions in place to protect your assets from your children. Ensuring that an estate is administered in a successful, profitable way calls for a clear plan. Estate administration and probate in California are necessary if you don’t...
Contesting a trust
Trusts are some of the most common legal and financial tools that people use to pass assets and wealth down to their children and grandchildren, among other beneficiaries. A living trust is established when the person is still alive, and it is also known as a...
Premises liability and fault in Ohio
Premises liability requires owners in Columbus, Ohio, by law to keep their grounds reasonably safe to avoid accidents. Some common accidents that may happen on the property include slipping, falling and getting hit with objects. In order to win premises liability...
Understanding probate bonds and the cost in California
Although no one ever wants to believe it, there are times when the individual administrating or executing an estate doesn't work in their heirs' and creditors' best interests. This is why probate bonds exist and are so vital to the estate planning process. Probate is...
Why every asset isn’t for your trust
With a living trust, you have the right to put away assets like stocks, real estate, certificates of deposits and bank accounts. You have a fair amount of flexibility when planning your estate in California, but there are some things you shouldn't do. When managing a...
Who can contest a will?
Disappointment with the terms of someone's last will and testament might prompt you to contest the document's legitimacy. You should not take the act of contesting a will in California lightly. You can only bring forward the legal challenge if you have legal standing...
The meaning of undue influence in probate litigation
Undue influence is a frequently contentious issue in probate litigation. Usually, the court appoints a guardian to carry out an undue influence for an incapacitated person. However, that extent of influence can be challenged in a court in California. Undue influence...
Moving real estate into a trust fund
California real estate can be a great investment. It makes sense to keep your portfolio in the family and protect it by adding it to a trust. Transferring real estate into a trust is pretty simple when the property has been paid off and a little more complicated when...
Grounds for trustee removal
In California, removing a trustee from a trust is a serious step if a trustee is behaving in an inappropriate way. There are a few different aspects of trustee behavior that can qualify them for removal, and it's the step to take if they do not change the behavior...