Despite the intentions that most families have to remain civil with one another after the divorce of a family member, will contests and trust disputes [Read more…] The post Primary Reasons for Probate Litigation in California appeared first on The Schomer Law Group, Los Angeles and Los Alamitos Estate Planning Attorneys.
LA Probate Law: What is Probate Litigation?
Responsible Legal Relationship Discussed by LA Probate Law Understanding what a trustee is also goes hand in hand with having a thorough grasp of their duties and the powers they wield. This is a fiduciary that is whose responsibility is to oversee the management of any property owned by a trust. Making a wise choice now can save trouble later. When creating an estate plan, you want to minimize infighting among beneficiaries if often a top priority. One good way to do this is to choose a trustworthy, competent fiduciary. Fiduciary is a general term for someone you designate to manage your affairs for you in the event of your death or incapacity, such as an Executor or Trustee. Your fiduciary has a special duty to do what is best for you and your estate and must follow the distribution scheme established by your Will or Trust. Your fiduciary should be someone you trust completely explains LA Probate Law. Fiduciary A fiduciary can be a person or institution that you trust would act in y
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