If you are a Trustee of a California Trust, you have a lot to learn about your duties and responsibilities. And the law assumes you know your duties. In this video we discuss how to learn about your duties as Trustee.
An amendment to legislation with respect to the management of affairs on behalf of incapable people is currently being implemented in Oklahoma in an effort to protect the interests of the aging population.
When gifts are made by an individual’s estate, can the individual’s surviving spouse share the donation credits arising from that gift?
The Earl of Spencer (the late Princess Diana’s brother) recently sparked controversy when he announced his intention to leave his 90-room stately home, Althorp, to his son, Louis. Louis is the Earl’s only son, however, he is the youngest and but one of the Earl’s four children.
As you may be aware, every Last Will & Testament contains a clause which appoints an Executor or Executrix to administer the Estate of a decedent. In a perfect world, the Executor would timely administer the Estate, would entirely fulfill their duties, and the Estate would be swiftly and economically administered.
Family-owned businesses have a hard time letting go of underperforming employees – harder than other businesses might.
Let’s pretend you have a crazy uncle that only wears pajamas even when going to places outside his home.