Recent Posts in Trustee Category
Posted on Mar 9, 2012 By Los Angeles Estate Planning Attorney
The initial trustee of your trust documents is the person who serves while you are living. This person usually tends to be yourself. However, there may be situations when you might want to consider ...
Continue reading "Unsure About Naming Yourself As Initial Trustee?" »
Posted on Mar 6, 2012 By Los Angeles Estate Planning Attorney
As discussed in the previous post, the film, The Descendants, focuses on the character of Matt King who is dealing with family issues that range from the health care of his ailing wife to ...
Continue reading "The Descendants: Lessons Learned II" »
Posted on Dec 8, 2011 By Los Angeles Estate Planning Attorney
Not according to the California courts. In the case of Christopher Gene Fazzi v. Norma Jean Klein, 2010 Cal. App. LEXIS 2112 , Christopher sought to remove his mother, Norma, has the sole trustee for ...
Continue reading "Are Trustees Protected from Fiduciary Breaches by No Contest Clauses?" »
Posted on Dec 24, 2010 By Los Angeles Estate Planning Attorney
There are many benefits to drafting a living trust. Most people aim to set up a living trust to avoid a formal and costly probate or to put a mechanism in place to manage their finances should they ...
Continue reading "More Reasons to Consider Setting Up a Living Trust" »
Posted on Dec 13, 2010 By Los Angeles Estate Planning Attorney
Being named the trustee of any trust is a serious obligation, one which may open you to litigation. In California, the Appellate Court recently ruled in 2010 that in order to recover attorneys' fees ...
Continue reading "Reasonable Attorneys' Fees may be Paid out of a Trust" »