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
Closing an estate is a complex, emotionally charged situation and having to navigate the probate process to reach the final distribution of estate assets only compounds the stress. In addition to the legal maze of the court process that you … Read More
When it comes to court accounting, there are two types: informal and formal. People typically experience informal court accounting, which is an accounting performed by an executor appointed by the deceased. However, there are occasions where formal court accounting is … Read More
When someone passes away without setting up a trust or only has a will, it is sometimes difficult to determine how their property will be distributed. In California, court accounting is required by the state if the decedent’s estate falls … Read More
Trust accounting is a detailed record that includes information about all income and expenses related to a trust. It includes items like taxes paid, disbursements, gains and losses, and expenses paid to advisors who helped manage the trust over time. … Read More