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Revised California Probate Code 13150 – NEW LAW

I already told you that California probate code sections 13100 and the sections thereafter are going to be updated for 2012.  The law has been set at $100,000 for California “small” estates since 1996. Before that it had been $60,000. The new law, authored by Assemblywoman Huber, will raise the bar to $150,000 that can […]

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FDIC Insurance For Trusts

The rules for trusts are even more complicated with FDIC insurance. Here are the current rules, as of September 20, 2011, from the FDIC website. I hope this helps you. Ownership Categories Revocable Trust Accounts This section explains FDIC insurance coverage for revocable trust accounts, and is not intended as estate planning advice or guidance. […]

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California Trust Notice

I have told you before that the California probate code has most of the answers that we need. Knowing where those laws are is another thing and takes many years to figure out. However, this is a great resource if you are the beneficiary of a trust, the trust is now irrevocable (typically after death) […]

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