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
A private fiduciary is a great option for those needing critical services. Seniors may be the top age group to hire one, but any person can benefit from professional fiduciary services. The private fiduciary is able to handle your financial … Read More
After a person passes away, executors and trustees take on critical responsibilities. While both titles handle the management and distribution of assets, they have different roles and responsibilities. In short, the executor is in charge of the entire estate of … Read More
At some point in your life, you may decide that you need a fiduciary to handle your affairs. This can happen at any time and any age. You are free to appoint someone you trust to fulfill this duty. Depending … Read More
When it comes to trust accounting, trustees are the people responsible for fulfilling this duty. In the Golden State, trustees are required to have an accurate account of a trust for beneficiaries yearly and if requested. Get the basics of … Read More