Learn about California trust accounting by reading our trust accounting resources & articles here.
So, you were named the executor of a loved one’s estate in their will, which is a great honor and signals the utmost belief in your abilities and integrity. However, administering and closing an estate is a complicated process that … Read More
An executor has the legal obligation to show an accounting to beneficiaries unless beneficiaries have waived the accounting. But there is more to it than that, which only adds to your stress. You have a lot on your plate right … Read More
California trust accounting is an important form of protection for beneficiaries and trustees during trust administration. Think about an accounting like the financial story or testimony of a trust. It documents and reports all financial aspects and actions a trustee … Read More
When a child inherits significant assets, they often lack the maturity to manage them responsibly. A guardianship of the estate is a legal tool that protects a child’s assets to preserve their future quality of life. Still, being a guardian … Read More
As a trustee, you have a significant fiduciary duty and likely must conduct a trust accounting, which is a complex financial task a CPA specializing in trusts has the experience and expertise to perform. Alternatively, maybe you are a beneficiary … Read More