While couples usually wait until the end of holiday season in January to file for divorce, allowing families spend the festive season together, new laws have pushed couples to hurry to file for divorce before the end of 2018. California residents might be aware that the Tax Cuts and Jobs Act change the way payments between ex-partners are taxed.
Couples rushing to divorce before the end of the year
When can a trustee's actions lead to trust litigation?
Being named a trustee is an honor, but it also comes with many duties, both in the administration of the trust as well as a fiduciary duty towards the trust and trust beneficiaries. If a trustee in California fails to properly execute their duties, it could give rise to trust litigation. Therefore, it is important for beneficiaries to understand what a trustee's role is with regards to the trust, so they can recognize when the trust is being mishandled.
