Making Sure Your Title Insurance Covers Your Home in a Trust If you’re thinking about putting your home into a revocable living trust, you might assume your title insurance will automatically stay in place. But that’s not always the case! To make sure your home is still covered, it’s a good idea to check your…
đź“ś New Law Makes It Easier to End Low Value Irrevocable Trusts in California Starting January 1, 2025, California madeit easier to terminate small irrevocable trusts and subtrusts that no longer make financial sense to maintain. These updates offer much-needed flexibility for trustees and beneficiaries—but there’s an important caveat: the trust document itself can override…
Virtual Trust Administration Across California — Convenient, Compliant, and Client-Focused Homepage/Social Media Teaser: Administering a trust doesn’t have to mean endless in-person meetings and piles of paperwork. With Kaminski Law Group’s virtual trust administration services, trustees and beneficiaries can work together from anywhere in California—as long as everyone agrees to the process. We handle the legal steps…
What Happens to a Trust After Death? Why It Matters for Taxes When someone passes away, their revocable living trust usually becomes irrevocable. At that point, the trust becomes its own taxpayer—and that comes with important tax implications. One of the most surprising? Trusts are taxed much more quickly than individuals. In fact, an irrevocable trust in 2025…
Trust Administration’s Cold Case: What If a Beneficiary Goes Missing? A trust is designed to ensure that your assets reach the right hands, but what happens when a key player in this mystery—your beneficiary—vanishes without a trace? Imagine your trustee as a seasoned detective, magnifying glass in hand, sifting through old records and following cold…
