The executor of a California estate has a lot of responsibilities. Because it is important to know exactly what assets are part of the estate, many states require that the executor complete an inventory of the remaining assets during probate proceedings. The parties who are entitled to copies of the inventory depends on state laws.
When it comes to trusts, choose trustees wisely
When estate planning, it can sometimes seem as if there are more questions than answers. However, asking certain questions can help California residents ensure that they make the best choices for their plans. For example, individuals utilizing trusts as part of their plans may want to ask certain questions before choosing trustees.
Trusts, other planning tools can accomplish charitable giving
Many California residents have giving attitudes and hearts. They want to help others as much as they can, especially in charitable capacities. For some individuals, continuing that giving after their passing may be a desired goal. Fortunately, there are various ways that parties can use trusts and other estate planning tools to address charitable giving.
