Retirement Assets: What happens to them when a person dies?
After a person dies, his or her assets must be distributed. Retirement assets may pass to beneficiaries outside of probate administration.
How to Handle Retirement Assets When Administering an Estate
Administering an estate may involve the handling of retirement assets. It is important to know what information you need to distribute the asset.
Probate | Trust | Trust Litigation |
Notice of Trust Administration: Benefits of Providing
At the start of a trust administration, trustees must give beneficiaries a Notice of Trust Administration. There are many advances to carrying out this step.
Trustee Theft: What evidence do I need to support my claim?
Under California trust law, trustees have a fiduciary duty to act in good faith with respect to the management of trust assets. When a trustee misappropriates funds from the trust for his or her own benefit or the benefit of another, he or she is committing theft.
Is it possible for an Attorney to Serve as a Trustee while also Providing the Trust with Legal Services?
Under certain circumstances, an attorney can serve as both the legal advisor and trustee of a California trust. However, the attorney must enter into both roles with a great deal of caution. If the attorney does not act fairly or follow the California trustee rules relating to compensation, he or she could be subject to litigation brought by a beneficiary.