California Estate Planning: When Should You Update Trust Administration? Trust administration is generally a process that occurs after a trust creator dies or becomes unable to manage the trust. While the administration itself is not something that is routinely “updated,”…
California Estate Planning: How to Avoid Problems With Trust Administration Trust administration can become complicated when documents are outdated, assets are not properly organized, or trustees and beneficiaries have different expectations. In California, careful estate planning and thoughtful administration can…
California Estate Planning: Why Trust Administration Matters in a California Estate Plan Trust administration is an important part of a California estate plan because creating a trust is only one part of the planning process. When the person who created…
California Estate Planning: How Trust Administration Works Under California Law Introduction Trust administration is the process of managing and distributing property held in a trust after the person who created the trust dies or becomes unable to manage it. In…
California Estate Planning: How Trust Administration Works Under California Law Introduction Trust administration is the process of managing and distributing property held in a trust after the person who created the trust dies or becomes unable to manage it. In…
California Estate Planning: Planning Ahead With Business Owners Introduction For many California business owners, the business represents years of work, financial investment, and personal commitment. Estate planning should therefore address more than personal assets. Planning ahead can help business owners…
California Estate Planning: Understanding the Role of Business Owners Introduction Business owners often have estate planning needs that extend beyond personal savings, real estate, and family assets. A business may be one of the most valuable assets a person owns,…
California Estate Planning: When Should Business Owners Update Their Estate Plans? Introduction Business owners should review their estate plans periodically to make sure their business interests and personal wishes remain aligned. Changes in ownership, family circumstances, business operations, or financial…
California Estate Planning: Understanding the Role of Business Owners Introduction For business owners, estate planning involves more than deciding who will receive personal assets. A business interest can be valuable, difficult to divide, and closely connected to the owner’s family…
California Estate Planning: How to Avoid Problems With Business Owners Introduction Business ownership can create unique estate planning challenges. A company may represent a significant portion of an owner’s wealth, while also involving partners, employees, family members, contracts, and ongoing…
