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Articles Posted in Tag: legal trust

What protections do you have as heir or beneficiary of a trust? (Prob. Code § 16061.7)
Underwood Law Firm, P.C.

Whether you know you are someone’s heir or are a beneficiary of a trust, knowing your rights to the property you are meant to inherit is important. California’s Probate Code offers certain protection to those meant to inherit property from a decedent. In the case of the trust where the property is being handled...

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Do you pay inheritance tax on a trust? (Revenue Code section 13301)
Underwood Law Firm, P.C.

When property is transferred whether as an “inter vivos” meaning during life transfer, or as a result of death, it may be subject to taxes like property taxes and transfer taxes. When property is transferred as a result of death in some states an inheritance tax may apply to the heir or person receiving...

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