Trusts Archives | Legacy Lawyers


what is the role of a beneficiary

What is the Role of a Beneficiary?

By legacy.lawyers / February 24, 2023 / 0 Comments

“You can’t take it with you when you go.” This popular phrase takes on a whole new meaning when you are leaving assets to beneficiaries or when you’ve been designated as a beneficiary to a will or trust. These assets may be valuable heirlooms, sentimental trinkets, or substantial wealth, but in any case, it’s important […]

Read More
how long do i have to contest a trust

How Long Do I Have to Contest a Trust in California?

By legacy.lawyers / February 17, 2023 / 0 Comments

When you are the beneficiary of an estate, it is preferable to handle affairs and the distribution of assets quickly so as not to drag out the process. Having a trust in place is one way to do this because sometimes a will can get caught up in probate court for lengthy periods of time. […]

Read More
siblings contesting a trust

Tip to Avoid Siblings Contesting a Trust

By legacy.lawyers / February 10, 2023 / 0 Comments

Losing a loved one is one of life’s biggest challenges. This challenge can be made even more difficult when it brings about family discord. Unfortunately, finances and assets can cause family members to lean into rivalries and resentment when they feel they’ve been treated unfairly. This typically plays out in the form of a trust […]

Read More
types of trusts

What Are the Different Types of Trusts?

By legacy.lawyers / January 30, 2023 / 0 Comments

It is important to create an estate plan to assure that your assets will be managed the way you want them to be, both during your lifetime and once you have passed. The most common end-of-life preparation is the will. However, wills can be contested and typically go through probate. Another way that people can […]

Read More
how long does a trustee have to distribute assets

How Long Does a Trustee Have to Distribute Assets?

By legacy.lawyers / January 16, 2023 / 0 Comments

Are you a beneficiary expecting to receive an asset distribution? Are you wondering how long you can expect it to take the trustee to administer distributions? Or are you a trustee tasked with distributing trust assets? This article will serve to provide you with valuable information. Let’s look at a trustee’s role, the distribution of […]

Read More
when is probate required in California

When is Probate Required in California?

By legacy.lawyers / January 4, 2023 / 0 Comments

Whether you have recently lost a loved one or you are working on setting up your estate plan, you may be wondering about the probate process. Is it always required in California? How can you avoid it? These are valid questions which first require a look at the probate process and the state laws surrounding […]

Read More
trusts for children

Should You Set Up Trusts for Your Children?

By legacy.lawyers / December 15, 2022 / 0 Comments

If you are wondering, “Should I set up a trust for my children?” the answer is yes! There are several benefits to creating a trust for children, whether they are minor children, children with special needs, or adult children. However, it is crucial to ensure you establish your trust document correctly. Otherwise, the provisions in […]

Read More
duties of a conservator

The Duties of a Conservator

By legacy.lawyers / November 29, 2022 / 0 Comments

Are you seeking information about conservatorships to avoid liability? Or are you concerned that abuse is taking place by a current guardian? In either case, it is essential to understand conservatorship and the duties and powers of conservators. A conservator may be a family member caring for a loved one who cannot care for themselves. […]

Read More
what is a trust settlor

What is a Trust Settlor?

By legacy.lawyers / November 15, 2022 / 0 Comments

Are you considering establishing a trust to protect your assets and have peace of mind? If so, you may be wondering about some of the terminologies of estate planning. There are a lot of terms you may need to familiarize yourself with when it comes to trusts. We recognize that most people don’t read law […]

Read More
do co trustees have to act jointly

Do Co-Trustees Have to Act Jointly?

By legacy.lawyers / October 14, 2022 / 0 Comments

Whether you are establishing a trust document and considering who to name as your trustee(s) or a co-trustee of a trust, you may be wondering: “Do co-trustees have to act jointly, or can a co-trustee act alone?” This is a great question. We will explore the answer from both perspectives as we examine what authority […]

Read More