All posts by Jim

Parents of teenage and young adult children: protect your children’s legal needs as young adults (and protect yourself, too).

Family

Often overlooked by parents are important legal needs of their children who are turning 18 and those who are young adults. Yet each of the following parental concerns can be easily handled for California residents: Once 18, who will make medical decisions for the then adult child if the child becomes unable to give informed … Continue reading Parents of teenage and young adult children: protect your children’s legal needs as young adults (and protect yourself, too). →

Terminating a California irrevocable trust because it has become uneconomical

Living Trust, Trust Administration

In California, a trust terminates when any of  the following occurs: The term of the trust expires. The purpose of the trust is fulfilled. The trust purpose becomes unlawful. The trust purpose becomes impossible to fulfill. The trust is revoked. On termination of the trust, the trustee continues to have the powers reasonably necessary under … Continue reading Terminating a California irrevocable trust because it has become uneconomical →