Trust Administration Checklist CALIFORNIA

[@juliekirkham8049]

I was my parents trustee and wish I had this information. I had my siblings create an account at my parents broker and all monies were distributed through those accounts. It really helped.

[@CunninghamLegal]

Thank you for sharing!

[@Jeffblk19]

Great video Is there a free written checklist available on all the things you discussed in the video?

[@CunninghamLegal]

Not yet! But you can take advantage of a free 15 Minute Trust Administration phone call with one of our Trust Administration Specialists (offered in 2024). Just contact our office and ask to set one up.

[@annamarieclark4958]

Good information

[@CunninghamLegal]

Thank you!

[@marcusbreuer874]

Luv your vids! Do I have to give notice to a former beneficiary under 16061.7, someone who was removed from the trust 20+ years ago? Awkward.....

[@CunninghamLegal]

Thanks for leaving a comment! Under California Probate Code Section 16061.7, a trustee must notify all current beneficiaries and any individuals who would have been beneficiaries if the trust had not been amended when the trust becomes irrevocable. If the trust is “restated” there is no notice requirement to prior beneficiaries who are not “intestate heirs.” You should consult with a lawyer on this one! If you are not currently represented, we may be able to help: www.cunninghamlegal.com/california-law-offices/contact/

[@shaunab2154]

My husband will be successor trustee after his parents decease. Both parents are still alive, but his mother has dementia and is incapacitated. Should we be working now to remove mom as a trustee? I'm worried it will be more complicated if dad passes first. We were able to add my husband as co-trustee on the trust savings account with the credit union, but have addressed nothing else yet.

[@CunninghamLegal]

The answer depends on the provisions of the Trust. Most CA trusts required 2 doctors to declare someone incapacitated, but some required just one doctor’s note. A Trustee is fiduciary position which means that a trustee can be sued personally for a breach. It might be a good idea to speak with an attorney about your situation. We stand ready to assist you: www.cunninghamlegal.com/california-law-offices/contact/

[@ScottsdaleMark]

Love your videos. But, you’re spending all this time, money and energy to put out videos, to help attract new clients, and no one follows up on the leads generated thru the ‘Request an Appoint’ form on your website.

[@CunninghamLegal]

Thank you for taking the time to bring this to our attention, and we're really glad to hear that you love our videos! We do our best to get back to everyone as quickly as we can, but we sort through our requests in the order they come in. With the amount of appointment requests skyrocketing lately, if you send one in later in the day, it might take us a bit - sometimes a day or two - to circle back, despite our best efforts to achieve same-day turnarounds. We appreciate your patience at this time.