Sr. Associate Dave Parnall & Principal David Baer review the California court decision in Roth v. Jelley and the importance of attorneys giving notice to trust beneficiaries. As they explain, a comedy of avoidable errors led to the Roth decision, stemming from the plaintiff’s attorney’s failure to notify him that his interest had vested. However, the burning question remains – how can a prudent attorney avoid such disasters?
Discussion regarding California’s new Uniform Trust Decanting Act, effective January 1, 2019.
Hartog, Baer & Hand congratulates Principal Andrew Verriere for his appointment to the board of directors for the Contra Costa County Bar Association (CCCBA). Thank you for your outstanding leadership in our community!
Spendthrift Trusts, Limited Protection for Deadbeat Beneficiaries. - California law has long recognized a settlor’s right to restrict a beneficiary’s use of trust assets. Restraints on alienation, spendthrift clauses, shutdown clauses and wholly discretionary trusts are a few of the tools settlors may use when creating a trust for the benefit of someone likely to have creditor problems.