What is a Constructive Trust in California?

What is a Constructive Trust in California?

Constructive Trust California If you ever had real property or money payments paid towards real property that was taken from you in a manner that you believe was unfair or illegal, you may be interested in asking the court to impose a constructive trust on the party...
How to Initiate Probate Litigation in California

How to Initiate Probate Litigation in California

Probate Process in California In California, probate petitions are initiated in superior court where the court has jurisdiction pursuant to probate code section 7050. The superior court has jurisdiction over: Will probate and will contests The appointment or removal...
What is a Trust?

What is a Trust?

Generally, a “trust” is an arrangement that creates fiduciary relationship to property that is held and administered by one party, called the trustee, for the benefit of another, called a beneficiary. A trust is always for the benefit of some third party or parties or...
When Probate is Necessary and Not Necessary?

When Probate is Necessary and Not Necessary?

What is Probate in California? In the wake of a loved one’s death, many families and friends may be faced with a necessary, but unenviable, task of sorting out the decedent’s estate. This process, when the Court is involved, is called “probate.” Probate is the...
What is Probate? When is Probate Required?

What is Probate? When is Probate Required?

What is Probate? Probate is a word that most people have heard but few really understand. They may have some idea that “probate” is something that happens when a loved one passes away, but they often have very little information beyond that. Let’s take a brief look at...
Irrevocable Life Insurance Trusts: What They Do

Irrevocable Life Insurance Trusts: What They Do

What is an Irrevocable Life Insurance Trust? The current estate tax exemption is currently set at $5.45 million. So, if your estate is worth less than $5.45 million (or $10.9 million per couple), you do not need to worry about your children or other heirs having to...