Can a trustee of a trust also be a beneficiary of that trust (and on the will)?

Generally, a person can be both a trustee and a beneficiary of a trust or will. However, Ms. X must still comply with her fiduciary duties under...

The trustee of a trust is entitled to compensation in accordance with the terms of trust. If the trust does not specify how the trustee is to be...

How can i find out if im named as a beneficiary in a family trust if im in a dispute with the trustee?

Beneficiaries of a trust and, under certain circumstances, heirs at law of a decedent who created a trust, are entitled to receive a copy of the...

Do I pay tax on money I recover in a lawsuit for fraud if the money was taxed before the fraud?

Based on the information provided, you should not have to pay taxes on the money recovered if it was already properly reported and taxed. However,...

Are there tax ramifications for an uneven split of sale proceeds in a joint tenancy sale in California?

Please review this matter with a qualified tax practitioner as more information is needed to provide you with a complete answer and alternative...

What is a self settled trust and is it legal in California?

It is likely that if the son does (or did) this as planned that he will be required to disclosed it in the bankruptcy proceeding. In a chapter 13...

My sister is the trustee of my fathers will and she told me when I asked for funds that she spent them all. I need them NOW

Under the California Probate Code places certain duties on the Trustee of a Trust has various duties, including a duty to treat beneficiaries...

Is step up valuation maintained for decedent's half if passed directly to beneficiaries rather than spouse from living trust?

The basis in the half for the heirs other than the spouse will be stepped up to one-half of the fair market date of death value of the full...

Is the time it takes probate to clear (or finish) directly related to the size of the county? Less people = A faster court date.

The size of the county does not directly relate to the time it takes to get complete the probate of a decedent's estate. While each county my have...

How can I get control of my father's trust for me out of my sister and then my niece's hands and and into anyone else's?

The trustee of a trust has a duty to keep the beneficiaries of the trust reasonably informed of the trust and its administration, including...