Probate Code Section 16047

We’ve written about how co-trustee conflict fuels California trust litigation and the problem seems to be growing.  Trust administration grinds to a halt because a co-trustee (or two or three) is hostile, stubborn, self-serving and/or apathetic.  While trusts are supposed to provide a streamlined alternative to a court-supervised probate proceeding, the efficiency may be is

The COVID-19 pandemic has idled workers and the coming weeks will bring more news of business closures and bankruptcies.  After a decade of sustained growth, we are facing a recession of uncertain depth and duration.  The New York Times recently reported that some Americans are turning (or perhaps returning) to “financial therapy” for support.

In