Though it is ideal for a trust’s administration to run smoothly, there is always a possibility for it to face some issues, such as disputes. Nonetheless, these issues do not have to be a problem with proper management. However, if not prevented or addressed promptly,...
Compassionate And Competent
Month: January 2024
How does California administer small estates?
When estate assets go through the administration process, the total value of the estate plays a significant role in determining how the personal representative will administer the estate. In California, small estates may be eligible to go through a simplified probate...
What’s in your living will?
One of the most complex aspects of planning for the future is considering what will happen in the event of your death or your incapacitation. These are complex and sensitive matters, but it is necessary to think about what could occur and what your preferences would...
The effect of transfer on death assets in an estate’s administration
When an individual dies, the assets they leave behind form their estate. Accordingly, their estate will go through an administration process, which involves collecting all assets, settling obligations and distributing the remaining properties to the deceased’s...