Daniel Kenneth Printz’s Guides

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An accounting is a formal declaration of the trust (or estate, if its a probate accounting) assets and liabilities, including income and expenses, of a particular period of time. California probate code section 1601 et seq. tells us exactly what an accounting needs to contain.If...

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Typically, a trust wont specify how much a trustee should be paid for their effort. And yet, unless waived by the settlor, or specifically established by settlor, successor trustees have a right to reasonable compensation. What is reasonable compensation? The answer will depend o...

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PURPOSES OF AN INTERNATIONAL TRUST There are two main purposes of an international trust for U.S. citizens. The first is to combine domestic and offshore assets into a unified estate plan with a common trustee and set of instructions. The second use of interantional trusts is for...

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The estate tax is scheduled to return in 2011, with estates over $1,000,000 being taxed at 55%. The good news is thata combination of low interest rates, low gift tax rates, and lowered asset valuations means that we can reduce an estate for half the cost of just a few years ago,...

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Estate Planning begins with the following steps: 1. List your Assets: Make a list of everything you own, including all bank accounts, investments, real estate, insurance policies, and any other valuable items of personal property. Split the list into assets with named beneficiar...