Blog Posts in Trusts

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Explaining Dynasty Trusts and Philanthropy April 4, 2018
Dynasty Trusts ensure that wealth gets passed down to successive generations. In fact, the special tax provisions in this wealth-building vehicle can allow you to amass a fortune relatively quickly. ...
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Why a Trust and Not a Will in California? September 17, 2015
A frequent question that comes up when doing estate planning in my Newport Beach, California office is why should one pay for a trust, when a will is so much cheaper. My response is are you thinking ...
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My Loved One Died; How Do I Know if a Probate is Necessary in California? September 14, 2015
Virtually every decision regarding probate is based on title to or value of assets owned by the decedent. Title is important because ownership can transfer as a matter of law (e.g. joint tenancy with ...
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If a Parcel of Land Owned by a Decedent Was Not Titled to the Trust in California, is All Lost? September 14, 2015
In other words, must there be a full-on probate in California because the real property asset (assuming a value in excess of $20,000.00, no joint tenancy or transfer on death provision in the deed) ...
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I’m the Successor Trustee in California; What do I do Regarding Giving Notice? June 17, 2015
In California, a typical estate planning tool is the revocable trust. A husband and wife usually create one jointly, with the two of them serving as co-trustees until one dies. Then the other becomes ...
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When can Judgment Creditors Reach the Assets of a California Spendthrift Trust? March 10, 2015
In California, Probate Code Sections 15300-15301 protect the principal and income of a spendthrift trust from judgment creditors. A spendthrift trust is one where there is a restraint written the ...
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