On behalf of Gostanian Law Group, PC | Sep 13, 2019 | Executor Or Conservator, Negligence By A Trustee
When an adult is unable to take care of him or herself, the court can appoint another person or organization to care for them. The conservatee, the person who cannot manage his or her health or finances, is then taken care of by the conservator. Depending on the needs...
On behalf of Gostanian Law Group, PC | Aug 8, 2019 | Executor Or Conservator, Negligence By A Trustee
When a California resident creates a will that outlines the guidelines that should be followed to distribute one’s assets and estate, there must be someone on the other end who will follow these directions to the letter. This is where an executor or personal...
On behalf of Gostanian Law Group, PC | Jul 18, 2019 | Executor Or Conservator, Negligence By A Trustee
One of the main responsibilities of a trustee is the fiduciary duty owed by them. This means that he or she must put the trust’s interests above all other interests. Not only should the trustee preserve the trust’s property and assets, but he or she should...
On behalf of Gostanian Law Group, PC | Jun 13, 2019 | Executor Or Conservator, Negligence By A Trustee
Executors are tasked with the heavy burden of distributing the decedent’s estate, making sure all the relevant taxes are paid and all the legal formalities to conclude the estate are completed. While their authority is very broad and they have a great deal of...
On behalf of Gostanian Law Group, PC | May 16, 2019 | Executor Or Conservator, Negligence By A Trustee
As its name implies, a trust depends on trusting someone. A trustee is someone with an enormous amount of power over assets that are supposed to be managed on behalf of the beneficiaries. This is a big responsibility, and it can be a terrible problem if the trustee...
On behalf of Gostanian Law Group, PC | Mar 27, 2019 | Executor Or Conservator, Negligence By A Trustee
If you were to ask the average person what elements are necessary to create a trust, many wouldn’t know how to answer. The purposes of a trust can be several, but the means in which a trust is created are few. Here’s a few things to understand about the...
On behalf of Gostanian Law Group, PC | Feb 7, 2019 | Executor Or Conservator, Negligence By A Trustee
Trusts, wills and estate plans are often made up of family members, once designated by the head of the family who may or may not be able to intervene in the day-to-day of these accounts. There could be many reasons for setting up these estate plans, trusts or other...
On behalf of Gostanian Law Group, PC | Jan 3, 2019 | Executor Or Conservator, Negligence By A Trustee
Being a person who is affected by, or has an impact on, a trust, will or other estate plan can be a blessing or a burden. Oftentimes, there are multiple parties involved in the estate plan, will or trust administration. Not always do these people see eye-to-eye....
On behalf of Gostanian Law Group, PC | Nov 29, 2018 | Executor Or Conservator, Negligence By A Trustee
Knowing what an executor does is important for families in California to understand. In addition, it is helpful for families to understand executor liability and what to do if an executor violates his or her fiduciary duties. By definition, the executor is responsible...
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