The misappropriation of trust funds is a severe breach of a trustee’s fiduciary duty that can have significant consequences, but for beneficiaries, it can be difficult to detect. With the help of an expert trust accountant, you can rest assured … Read More
Trust accounting in California is an essential form of transparency and, ultimately, protection for beneficiaries. Legally, trustees must provide beneficiaries with this financial statement that illustrates how they are administering the trust at least once annually. But simply preparing an … Read More
Many different kinds of trusts exist, but they fall under two categories: revocable trusts and irrevocable trusts. Understanding the difference between the two is crucial to trust accounting in California. Generally, the difference is simple – grantors can change the … Read More
If you feel blindsided by a trust litigation attorney requesting or objecting to a trust accounting, working with a professional can help validate your accounting to avoid costly penalties or worse. At Marcia L. Campbell, we have been preparing compliant … Read More
Trust accounting in California is an essential protection for beneficiaries that ensures the trustee is administering the trust per the probate code and the terms of the trust document. But even when a trustee prepares an accounting, it can still … Read More