Trustee

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What Trustee Options Are There Other Than Family?

2020-07-07T00:00:23+00:00

Hi, everybody. My name is Miranda Dressler and I am an attorney with the Law Offices of Bridget Mackay in Petaluma, California. Today, I am going to talk to you a bit about the option of choosing either a private fiduciary or a corporate fiduciary as the trustee of your trust. So, in most cases when we prepare an estate plan for people, you know, typically people will choose a friend. Or maybe a child or more than one of their children and name that individual person as the successor trustee of their trust. So, there are many reasons [...]

What Trustee Options Are There Other Than Family?2020-07-07T00:00:23+00:00

I’ve Been Appointed Trustee. Now What Do I Do? (Part II)

2020-09-15T00:23:52+00:00

Hi everybody. Miranda Dressler here, attorney with the Law Offices of Bridget Mackay in Petaluma, California. And in this blog, I'm going to continue to talk about what to do if your parents have named you as the trustee of their trust. And in this second part of the blog (click here for part one)I'm going to be discussing specifically acting as trustee once both of your parents have in fact passed away. So, in this scenario if you haven't already taken over as trustee while your parents were still alive. You're going to need to take steps to [...]

I’ve Been Appointed Trustee. Now What Do I Do? (Part II)2020-09-15T00:23:52+00:00

I’ve Been Appointed Trustee. Now What Do I Do?

2020-07-06T23:56:02+00:00

Hi everybody, Miranda Dressler here. Attorney with the law offices of Bridget Mackay in Petaluma, California. And today I'm going to talk to you about what to do if your parents have told you that they've named you as their trustee in their trust. If your parents have told you as much that they've named you as trustee in their estate plan what do you need to do? What are the steps you need to take? Well, you know, typically you should know how the trust is set up. For the most part your parents are going to be [...]

I’ve Been Appointed Trustee. Now What Do I Do?2020-07-06T23:56:02+00:00

Who Can Be a Trustee? Choose More Than One?

2020-06-29T22:19:11+00:00

Who Can Be a Trustee? Choose More Than One? Hi there, Bridget Mackay. I'm an estate planning attorney in Petaluma practicing in the area of estate planning and elder law. This video blog series addresses some lessons we can learn from the Game of Thrones. I last talked about the Stark family, who for me is my favorite house in the series. And a good lesson, another of many good lessons we can learn from the Starks, is to, if you have an estate planner or you've made a trust or you're about to create a trust with your attorney. [...]

Who Can Be a Trustee? Choose More Than One?2020-06-29T22:19:11+00:00

Who Should Be a Trustee? Lessons Learned From GoT

2020-06-29T22:37:39+00:00

Who Should Be a Trustee? Lessons Learned From GoT Hi there, Bridget Mackay. I'm an estate planning attorney in Petaluma practicing in the area of estate planning and elder law. This video blog series addresses some lessons we can learn from the Game of Thrones. I last talked about the Stark family, who for me is my favorite house in the series. And a good lesson, another of many good lessons we can learn from the Starks, is to, if you have an estate planner or you've made a trust or you're about to create a trust with your [...]

Who Should Be a Trustee? Lessons Learned From GoT2020-06-29T22:37:39+00:00

Keeping the Peace Among Your Heirs

2020-06-29T22:38:09+00:00

Keeping the Peace Among Your Heirs Nobody wants their death to generate unseemly squabbling about their estate among their heirs. With a little forethought, you can greatly reduce that possibility. Here are a few pointers. Pull No Surprises You know those movies where all the heirs are gathered around a large oval table waiting breathlessly to find out who inherited what? Don’t do that. Talk to your heirs long before your time draws near so they know exactly what to expect and can bring up objections while you are still around to deal with them. Just setting expectations goes a [...]

Keeping the Peace Among Your Heirs2020-06-29T22:38:09+00:00

Estate Planning After Divorce – 9 Tips To Consider Today

2020-06-29T22:41:33+00:00

Estate Planning After Divorce – 9 Tips To Consider Today Hi there Bridget Mackay of the Law Offices of Bridget Mackay. This is my video blog. I practice estate planning and elder law here in Petaluma, California. And today I want to talk about the nine things you need to know about your estate planning after a divorce. A lot of folks are trying to get their divorce finalized before the tax law changed in 2018. One of the most important tax law changes you need to know about is if you pay alimony. It's no longer going to [...]

Estate Planning After Divorce – 9 Tips To Consider Today2020-06-29T22:41:33+00:00

Estate Planning Basics: Trust Vocabulary

2020-06-29T22:01:11+00:00

Estate Planning Basics: Trust Vocabulary Estate planning is a complicated topic that involves a lot of specialized jargon. Sometimes it’s easy for us practitioners to forget that not everyone is as well-acquainted with that jargon as we are. With that in mind, I thought it would be helpful to provide a brief list of important vocabulary words related to trusts—some of the most complex estate-planning structures. So, here are some common terms you’ll hear related to trusts and what they mean. Grantor, Trustee, Beneficiary The person who creates a trust is known as the grantor, trustor, or settlor. “Settlor” is [...]

Estate Planning Basics: Trust Vocabulary2020-06-29T22:01:11+00:00

What Are The First Steps Of A Trust Administration

2020-06-29T22:03:10+00:00

What Are The First Steps Of A Trust Administration Hi there, Bridget Mackay here, I live in Petaluma, California and I have a practice in estate planning and elder law, I'm an attorney, and I want to talk to you a little bit today about trust administration. This would be a situation in which you find yourself being named as the trustee in your parent's trust or your sibling's trust, or your friend's trust and you've been told that you are, hopefully, before this ever happened, that you are that person, and hopefully you have a copy of the [...]

What Are The First Steps Of A Trust Administration2020-06-29T22:03:10+00:00

Opening And Closing Bank Accounts In Trust Name

2020-06-29T22:03:19+00:00

Opening And Closing Bank Accounts In Trust Name Hi. My name's Bridget Mackay. I'm an attorney in Petaluma, California, and I practice in the area of estate planning and elder law. Today I want to talk about a question I had from a client who has just become the trustee for her parents. Her father passed away, as did her mother, and now all the assets are there and she's the person in charge. This is a big job, and not all the information about this big job is going to be in this video blog. I'm going to [...]

Opening And Closing Bank Accounts In Trust Name2020-06-29T22:03:19+00:00