The title of trustee comes with some very serious responsibilities. For example, you must maintain control over the property owned by the trust and, furthermore, you must take steps to preserve it. This means that you will have to make decisions to protect the trust's...
Bay Area Estate And Tax Planning Law Firm
Month: May 2017
Entertainer Alan Thicke’s estate plan now embroiled in litigation
Actor, songwriter and talk show host Alan Thicke died in December of last year, likely thinking prior to his passing that he had duly engaged in estate planning in a reflective and sound manner.Seemingly, and based on estate administration details that have recently...
Newly proposed fiduciary rules: Will they impact estate attorneys?
The financial publication Wealth Management notes at the outset of a recent article on select professionals and the duties they owe to clients that estate planning attorneys haven't historically been deemed to be providing investment advice in narrow terms when they...
Yes, you’re concerned with rising health costs: and you should be
The following is not meant to be a tale imparted for shock value or to entice any person to run immediately to a proven estate planning attorney in an attempt to fool-proof future plans or guarantee upside results regarding every tangent of life going forward.Rather,...
Do you have the right to challenge a will?
Challenging a will can be a very difficult and complicated process. In addition, it is not something everyone can do. Imagine that you are engaged in a disagreement over how to handle a relative's estate. Can you legitimately challenge the will? Can the other person?...
Satisfaction — and challenges — linked with being a trustee
At the well-established Bay Area estate planning and administration , we certainly understand the warm glow that some individuals can feel when being named as trustee of a trust.And for obvious reasons, with the designation flatly denoting...