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Trusts Implied by Court

The Probate Code defines trusts as either express trusts, or trusts implied through court action. Implied trusts are of two kinds: resulting trusts and constructive trusts. Resulting Trusts A resulting trust is imposed by law where circumstances show that the...

Trust Administration

Probate administration, or administration of an estate, begins after death. There is no administration required of a will during life, however even with a will-based estate plan it is a good idea to review the plan on a regular basis to make sure it is up to date and...

CHOOSING TRUST SITUS

Put simply, trust situs is where a trust is located. However, a trust can hold assets in many states so situs does not simply mean where trust assets are located—although place of administration of personal property can be a factor considered by courts. (Real property...

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