Three Common Asset Types and How Trustees Take Title to Assets
In order to properly protect these assets, the trustee must first take possession of these assets and take title to assets in the trust.
In order to properly protect these assets, the trustee must first take possession of these assets and take title to assets in the trust.
This bills main goal is to prevent fee gouging by California trustees. This bill would give Judges authority of fees. Read more about it here.
Do not overlook as successor trustee of a revocable living trust that you have many responsibilities. View here for 13 steps to consider taking by an Anaheim trust attorney.
The role of successor trustees are to seek guidance from professionals to assist you.For more info read here or call our offices
Hiring a lawyer does not mean I lose the right to make decisions in the trust if you are a trustee. Find out what it does mean and whether it is something you should consider.
During a trust administration, trustees may be responsible for filing federal income tax returns for the trust. Trustees must understand when this tax is due.