What Is a Gift-Over Provision in a Trust?
A gift-over provision in a trust is an essential element that dictates how assets will be distributed if the primary …
What is a Constructive Trust?
A constructive trust is a legal remedy imposed by a court when someone wrongfully obtains or holds property that rightfully …
What Is A Final Trust Accounting?
A final trust accounting serves as the financial culmination of a trust’s existence. This detailed document meticulously records all financial …
What Is a Directed Trust?
A directed trust is a specialized type of trust that allows for a greater degree of control over assets than …
What is a Notice of Probate?
In the realm of estate law, where the complexities of inheritance and asset distribution intertwine, a Notice of Probate emerges …
What is a Discretionary Trust?
A discretionary trust is a legal arrangement where a trustee holds assets for the benefit of beneficiaries, but has the …
What If a Beneficiary Is Incapacitated?
How Does Incapacity Affect Trust Distribution? Trusts are powerful legal tools designed to safeguard assets and ensure their distribution according …
What Factors Do Courts Consider When Appointing a Guardian?
The appointment of a guardian is a serious legal matter, undertaken only when an individual is deemed incapable of making …
What is a Letter of Administration?
When someone passes away without a will, they are said to have died intestate. In these cases, California law dictates …
What Defines Fiduciary Abuse in Elder Law?
Fiduciary abuse is a serious issue that can have devastating consequences for elderly individuals. It occurs when someone entrusted with …