Executors and personal representatives have many responsibilities and a long list of things to do. You must begin the probate process not long after the passing of a loved one. However, before you officially initiate the process, it will help immensely to prepare yourself. 3 tips to get ready for probate Even if your loved […]

Posted in Probate, Trustees Executors & Fiduciaries | No Comments »

Tax season is just around the corner. Many Californians are likely receiving their W-2s and other financial statements in the mail while preparing their strategies for April filing day. However, your tax filings may look different if you experienced significant life changes this year, such as getting married, having a child – or losing a […]

Posted in Probate, Trustees Executors & Fiduciaries | No Comments »

Your loved one named you as the executor of their will. This is an important role, but if your loved one never informed you of this it can come as quite a shock. If you find yourself in this position, here are a few things to consider. Evaluate the executor’s duties carefully Managing your loved […]

Posted in Probate, Trustees Executors & Fiduciaries | No Comments »

A loved one named you as the executor of their will and personal representative of their estate. It is important to understand the roles and duties that lay ahead of you. There are many responsibilities that make up this role. So, it may be helpful to speak with an experienced estate planning and probate attorney […]

Posted in Trustees Executors & Fiduciaries | No Comments »

When you sit down to hammer out your estate plan, you have a lot of important decisions to make. In addition to where you want your assets to go, you also have to make healthcare decisions for yourself and try to foresee all possible eventualities. In the midst of all of that, arguably one of […]

Posted in Estate Planning, Probate, Trustees Executors & Fiduciaries | No Comments »

Your loved one has chosen you to be the personal representative of their estate. It is an honor to be trusted with managing the assets they cherish the most – but it is also a big responsibility. Acting as a personal representative can be a challenging job. So, here are five things to keep in […]

Posted in Trustees Executors & Fiduciaries | No Comments »

Losing a loved one can be overwhelmingly emotional. And if your loved one named you as their personal representative – or the executor of their will – you often also face an additional level of stress on top of your grief as you begin the probate process. Then, as you take on the responsibility of […]

Posted in Estate Administration, Trustees Executors & Fiduciaries | No Comments »

In past blog posts, we discussed the important duties individuals have when chosen to be a trustee. Trustees of a special needs trust (SNT) share these same responsibilities, but they also have additional duties to meet the needs of the beneficiary of an SNT. For example, the trustee of an SNT must ensure that their […]

Posted in Trustees Executors & Fiduciaries | No Comments »

It can be an honor if a loved one named you as the executor of their will, also referred to as a personal representative. It means they trust you to handle their most important affairs and carry out their wishes. However, acting as an executor is often a tough and time-consuming responsibility to take on. […]

Posted in Estate Administration, Trustees Executors & Fiduciaries | No Comments »

Taking on the role of a trustee is a great responsibility. In the past, we have discussed the particular legal duties that trustees have when administering a trust in California. However, another essential task all trustees should complete is keeping records throughout the entire process of the trust administration. Organizing a system to maintain records […]

Posted in Trustees Executors & Fiduciaries | No Comments »