In California, trustees have a fiduciary duty to act impartially and in the interest of all beneficiaries. But what happens ...

A family friend who volunteered to act as a trustee for a family trust may be dismayed to learn about his or her new disclosure obligations under the CTA. Even after educating a trustee about the ...

Trustees have fiduciary duty, must act in beneficiaries' best interests, avoiding conflicts, and malfeasance. Trustee malfeasance can lead to removal, lawsuits, or criminal penalties, ensuring ...

There are many reasons that you may use a lifetime and even a generational trust to manage the assets for your family and descendants. Most families have found that hiring a trust company ...