Here in California there are many reasons why an executor should hire an attorney, but who pays an executor’s legal fees? In most cases, the estate will pay reasonable attorney fees and costs for the executor. These do not have to come out of pocket. Why would an executor need...
The Executor’s Role in the Probate Process
What is the executor’s role in the probate process? To ensure proper estate planning and administration, one needs to understand the basics of the probate process. The probate process involves distributing a deceased person's estate. In plain English, probate is the legal term used to describe the re-titling of the...
A Trustee or Executor Have More Financial and Legal Liability Than They Might Realize
Have you been asked to be a trustee or executor? A trustee or executor have more financial and legal liability than they might realize when they accepted the request. As the trustee, successor trustee or executor of an estate or legal trust you carry extensive fiduciary and legal responsibilities that...
Legal and Accounting Services for Executors and Trustees in San Diego
Allen Barron provides legal and accounting services for executors and trustees in San Diego. Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to serve as the executor of an estate or the trustee for a family trust. Once the glow...
San Diego Executors and Trustees are Personally Liable
San Diego executors and trustees are personally liable for their actions during the administration of an estate or trust. When you are asked by a friend or family member to serve as the executor of their will or as a trustee it is perhaps one of the greatest compliments one...
If You are an Executor in San Diego You Need an Attorney
You were honored when your close friend or family member asked you serve as the executor of their estate. You did not realize the amount of the work associated with the task. You also didn't realize you were personally financially liable for your actions as an executor. If you are...
Estate Planning Reduces Taxes and Expenses and Preserves Assets
Have you been considering a will, college funding, protecting your family and answering questions such as who will watch over the children if both parents pass in the same accident? Do you own a home in the San Diego area? If so, you should contact Allen Barron to learn how estate...