TRUSTS – ACCOUNTING-HOW TO PREPARE A FORMAL NON- COURT ACCOUNTING By: David L. Crockett, Attorney, CPA UCLA Law School , J.D. ’69, UC Berkeley ’66 901 Dove St., Ste 120, Newport Beach, CA 92660 Phone: 949-851-1771 Email: David@CLCNewport.com Website: TrustandProbateLawyers.com Trustee prepares: The trust accounting is to be prepared by…
By: David L. Crockett, Attorney, CPA UCLA Law School ’69, UC Berkeley ’66 Newport Beach, Ca 949-851-1771 www.trustandprobatelawyerst.com david@clcnewport.com HOW TO SELECT A NAME FOR YOUR TRUST Creation of trusts. Laws stating the requirements for forming a trust are stated at California Probate Code §§15200 through 15312. A trust is…
PROFESSIONAL FIDUCIARY AS THE TRUSTEE OF A TRUST By: David L. Crockett, Attorney, CPA UCLA Law School , J.D. ’69, UC Berkeley ’66 901 Dove St., Ste 120, Newport Beach, CA 92660 Phone: 949-851-1771 Email: David@CLCNewport.com Website: TrustandProbateLawyers.com THREE (3) TRUSTEE CHOICES IN ESTATE PLANNING. When establishing a trust…
ESTATE PLANNING TRUSTS POSITIONS DESCRIPTIONS By: David L. Crockett, Attorney, CPA UCLA Law School , J.D. ’69, UC Berkeley ’66 901 Dove St., Ste 120, Newport Beach, CA 92660 Phone: 949-851-1771 Email: David@CLCNewport.com Website: TrustandProbateLawyers.com BASIC NOMENCLATURE. Trust and Probate lawyers and the 1,100 page California Probate Code use…
HOW TO TRANSFER BANK ACCOUNTS INTO YOUR LIVING TRUST By: David L. Crockett, Attorney, CPA UCLA Law School , J.D. ’69, UC Berkeley ’66 901 Dove St., Ste 120, Newport Beach, CA 92660 Phone: 949-851-1771 Email: David@CLCNewport.com Website: TrustandProbateLawyers.com CONCEPT-TRUST IS LEGALLY RECOGNIZED UNDER STATE LAW. Your liv-ing trust is…
HOW TO ACCESS CASH ON DEATH (CASH AVAILABILITY PLANNING) By: David L. Crockett, Attorney, CPA UCLA Law School , J.D. ’69, UC Berkeley ’66 901 Dove St., Ste 120, Newport Beach, CA 92660 Phone: 949-851-1771 Email: David@CLCNewport.com Website: TrustandProbateLawyers.com Typical problem. We all need spendable money to survive from day…
SECOND SPOUSE TRUST PLANNING By: David L. Crockett, Attorney, CPA UCLA Law School ’69, UC Berkeley ’66 Newport Beach, Ca 92660 949-851-1771 www.trustandprobatelawyers.com david@clcnewport.com 4-17-20 CAN THE TRUSTOR PROVIDE FOR HIS 2ND SPOUSE AND KEEP THE FAMILY HAPPY? THE TYPICAL SITUATION. John and Jane have a long and happy marriage…
CORONAVIRUS PANDEMIC ESTATE PLANNING By: David L. Crockett, Attorney, CPA UCLA Law School ’69, UC Berkeley ’66 Newport Beach, Ca 92660 949-851-1771 www.trustandprobatelawyers.com david@clcnewport.com 4-9-20 A QUICK STUDY OF WHAT YOU MAY NEED AND THE CONSEQUENCES OF BEING UNPREPARED TRY TO GAIN SOME BASIC UNDERSTANDING Our way of life has…
TRUSTS – DUTY TO ACCOUNT TO BENEFICIARIES & TYPES OF ACCOUNTING By: David L. Crockett, Attorney, CPA Types of Accounting: Trust accounting may be (1) Informal; (2) Formal (non-court) according to Probate Code §16063 format; or (3) Court accounting according to Probate Code §1060 et. seq. requirements. The trust accounting…
TRUST ACCOUNTING LAWSUIT/PETITION PROCEDURES By: David L. Crockett, Attorney, CPA Trust terminology basics. A trust is created by a written document known as a declaration of trust, and is then funded by transfer of money into trust bank accounts and/or deeding or transferring of properties to the trust. The…