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What Are Your Tax Responsibilities As A Trustee?

When you have been named a trustee in a Woodland Hills trust or California trust, you are expected to oversee matters that can be a very complicated administration process. Part of this is understanding the taxREAD MORE >

An Overview Of Trust Companies

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 theREAD MORE >

Understanding The Difference Between Principal and Income

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. If you’re involved in administering a trust, understanding the terms “principal”READ MORE >

Detailing Split-interest Trusts

Those in Woodland Hills, CA and all other California cities, 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.READ MORE >

Determining When A Trustee May Be Liable For A Breach Of Trust

When a settlor entrusts a trustee to manage assets for the benefit of designated beneficiaries in Woodland Hills, California or throughout the state, that person is placing a great deal of faith in the trustee’s abilitiesREAD MORE >