So, your parent is squandering their estate on lavish gifts or questionable purchases. Watching a beloved parent make questionable financial decisions can be heart-wrenching. Because when they give away their money and property, they aren’t just forfeiting material assets; they’re … Read More
If you’ve created a trust as part of your estate plan, you have taken a crucial step in protecting your assets and providing for those you love the most when you are no longer around to do so. Trusts are … Read More
Trust accounting in California is the probate-mandated bookkeeping required for trust accounts that encompasses the process of managing and reporting a trust’s finances. It ensures a trustee is following trust terms, upholding their fiduciary duty, and administering the trust properly. … Read More
So, you are creating a will and devising an estate plan that will cement your legacy and ensure your loved ones are taken care of when you are no longer around to do so. However, during that process, you are … Read More
A trust is the culmination of a person’s life and legacy, and in many ways, a trust accounting is the continuation of that story. An accounting is an essential form of protection for beneficiaries and trustees alike, and in California, … Read More
Many people use trusts as a time-tested tool for wealth management, charitable contributions, estate planning, and providing for loved ones. At the heart of any trust structure is the trustee, the individual responsible for managing and administering trust assets. While … Read More
The Question: What can a supplemental needs trust be used for? Can a supplemental needs trust be used for whatever your loved one wants or needs? How do I avoid risking my disabled loved one’s benefits while using this unique … Read More
Imagine your parents, who’ve worked tirelessly their entire lives, preparing to retire only to have retirement ripped away from them. For many seniors, a shadow has fallen over their golden years as mountains of unpaid debt threaten to undermine what … Read More
You’ve worked hard to amass your wealth, but all this hard work wasn’t just for you. While leaving behind a lasting legacy is important, you worked hard to take care of those you love the most, even when you are … Read More
Let us paint a picture – you and your partner are basking in the afterglow of your recent wedding and blended family bliss. The future stretches out before you, a vibrant tapestry woven from the threads of your past relationships … Read More