145: Trustee and Executor Responsibilities: Best Practices and Pitfalls Part 2

Absolute Trust Talk

Innhold levert av Kirsten Howe and Kirsten Howe: Attorney. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Kirsten Howe and Kirsten Howe: Attorney eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

28d ago 7:32

MP3•Episoder hjem

Taking on the role of a trustee or executor can be daunting—and for good reason! With so many responsibilities and legal requirements, checking all the necessary boxes can feel overwhelming. In this episode of Absolute Trust Talk, we continue our discussion on trustee and executor duties, focusing on the critical importance of notices. For instance, the trustee's or executor's responsibility is to ensure that all beneficiaries and heirs are properly notified of the decedent’s passing. And that's just the beginning. If you’ve recently been named a trustee or executor, you won't want to miss the valuable insights in this episode. Tune in now!

Time-stamped Show Notes:

0:00 Introduction

1:40 Did you know that when someone passes away, a notice must be sent to beneficiaries and heirs?

3:20 An often overlooked but essential notice must be sent to the Department of Health Care Services, even if the deceased wasn’t receiving Medi-Cal.

5:20 If the estate includes real property, notifying the assessor's office is a must. Press play now for what you need to know.

6:18 What if there are multiple properties spread across different counties? Listen in for Jessica’s key tip on handling this situation.

115 episoder