April 7, 2023 - Revocable trusts, also referred to as living trusts, can provide an efficient way to avoid probate, maximize the use of one's federal and state exemptions and provide asset protection ...
Q: If you have a lot of changes to a trust, what is the best way to amend it? I assume that I shouldn’t write the changes on the trust document and initial. If there are a lot of changes, should I ...
Q: Before our dad died, our parents created a revocable trust. Mom wanted to amend the trust in two places but never got around to it. Mom's having some serious health issues and the trust still isn’t ...
A key feature of a California revocable trust is that it can be amended. Revising a trust can, however, seem like an irksome chore so it’s common for creators of trusts (i.e., “settlors” or “trustors” ...
The Legislature and courts endeavor to create well-defined laws, lest we devolve into the governance of Emperor Nero, who reputedly posted edicts high atop columns so as to be painfully difficult for ...