Tag Archives: family trust
Court Authority Over Family Trusts
WHICH COURT HAS JURISDICTION OVER FAMILY TRUSTS? The answer depends on where the trust was formed, where its assets are located, and the terms of the trust agreement. However, in most cases, an inter vivos (often called “family”) trust that is formed in California by a California settlor* falls within the general jurisdiction of… Read More »
What Kinds of Trusts Can Exist in California?
WHAT IS A TRUST? In the law, a “trust” is a legal relationship that relates to property. People think of a trust as a “thing,” but in reality, a trust is a set of relationships, defined with respect to property. The property that is held in a trust is called the trust estate or trust corpus…. Read More »
