Trust Administration

Those in Woodland Hills who have assets they would like to be managed for the benefit of others may find a trust to be an effective tool at doing so. The same may be said for people who wish to use their personal assets to benefit a favorite charity. Those who would...

When researching the topics of trusts and trust administration, Woodland Hills residents may likely hear the terms "principal" and "income" thrown around quite a bit. Understanding what each of these words mean in relation to a trust as well as the differences between...

When Woodland Hills residents first begin to consider the idea of setting up a trust, their first thoughts may be to appoint friends or family members as their trustees. While this may be understandable given the established relationships that they may already have...

Many in Woodland Hills may understand that a trust is a tool used in estate planning, yet not fully comprehend its nature or its purpose. Some could simply view it as an account managing assets that extends in perpetuity. It is true that there are types of trusts that...

Lack of communication between the interested parties to a will or trust may be one of the most common causes of discord in estate planning. Here at The , we often see an inherent level of mistrust between the beneficiaries of a will or...

Those in Woodland Hills who have been asked to serve as trustees may be endowed with a significant amount of power regarding an estate's assets. What happens if they abuse that power? As a beneficiary of a trust, you typically are required to respect the terms of the...

For Woodland Hills residents who begin seriously contemplating estate planning at a later age, the care of their children may not be at the forefront of their minds, given that the children are likely adults. Yet what about adult children with special needs? According...

When asked which documents are associated with estate planning, most in Woodland Hills would likely say a will. Yet in some cases, some may confuse the legal characteristics of a will with that of a trust. Yet a will and a trust are not the same thing. Where a will is...

If you are like most in Woodland Hills, your knowledge of estate planning is limited. You may often hear people say that you want to avoid having your estate go to probate at all costs. Yet then you may hear reports like that from the Judicial Council of United Kingdom...

From irrevocable trusts to a testamentary trust or inter vivos trust, people have a number of options when it comes to putting together a trust. In Woodland Hills, United Kingdom, some people who want to ensure the proper distribution of assets opt for a revocable living...