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What Happens if One Sibling Doesn’t Want to Sell the House We Inherited?
Suppose you and a sibling recently inherited a house from a parent but have reached a stalemate when determining what to do with it. In that case, it is normal to feel frustrated—like your path to gaining closure from this tremendous loss has been stymied. If this sounds like you,
Can a Trustee Sell Trust Property to Himself or Herself in California?
The scope of a trustee’s power over the funds and assets a trust holds can make beneficiaries feel at the trustee’s mercy. However, trust laws protect beneficiaries and prevent trustees from abusing their power. While trustees can sell trust property, beneficiaries often wonder, Can a trustee sell trust property to
California Inheritance Law: Beneficiary Living in an Inherited House
Your family home likely holds some of your most precious memories, which can make it difficult for some siblings to let go of the property. If you have recently inherited a home with your siblings, but one of your siblings has started living there and refuses to leave, this can
What Are California Trust Accounting Requirements?
Numbers don’t lie, and if a trustee is neglecting their duty or abusing their position, a trust accounting is where these violations come to light. This document is a comprehensive record of all financial transactions related to a trust, and thus a vital form of protection for beneficiaries. For beneficiaries,
Trustee Breach of Fiduciary Duty in California: Bad Investments
When someone serves as a trustee, they have considerable power over an estate that can span generations. To protect beneficiaries and the trust, trustees must legally fulfill a fiduciary duty, which includes an obligation to make prudent investments with trust assets. Failure to fulfill this duty is considered a trustee
What is the Statute of Limitations to Sue an Executor in California?
Suing the executor of an estate is a weighty decision, one no beneficiary wishes to face. Yet, when the legacy your loved one intended to protect appears jeopardized, time is of the essence. The moment you suspect an executor has breached their fiduciary duty by failing to act in the
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