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Year: 2018

A Trust, to be validly created, must have assets. In other words, a Trust cannot exist, legally speaking, without some property being held by the Trustee. Trusts are not like corporations, they do not exist absent Trust property. And all Trust property fits into one of two categories: principal or…

If a Trustee commits a breach of Trust, or threatens to do so, California law allows a beneficiary or a co-Trustee to take action.  What action can you take?  That depends on the type of breach committed.  Under Probate Code section 16420, the court is authorized to take the following…