How Long Does a Trustee Have to Distribute Trust Assets?

According to California Probate Code §16000, a trustee must administer the trust according to the terms of the trust instrument, including any asset distribution plan set forth in the trust document. Because there are many types of trusts and innumerable trust agreements the timeframe will depend on the distribution scheme set forth in the trust …

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Scott Rahn Discusses Britney Spears Conservatorship on NBC News

July 13, 2021 | NBC News | by Doha Madani [excerpt] — Britney Spears’ recent court testimony might have put her previous mental health evaluations under a cloud of mistrust, but her allegations of abuse are unlikely to help her gain independence without further psychological scrutiny. To read the full article, visit NBCnews.com Despite concerns …

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RMO LLP’s Scott Rahn and Matthew Baker Named Top Litigators in Los Angeles

LOS ANGELES, July 13, 2021 /PRNewswire/ — Probate and trust estate litigation law firm RMO LLP announced today that Founding and Co-Managing Partner Scott Rahn, and Partner Matthew Baker have been recognized for their accomplishments as leading attorneys within the Los Angeles business community and named to the Los Angeles Business Journal’s annual list “2021 …

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How Much Should a Trustee Be Paid in Fees?

Trustees are tasked with the trying —and often thankless— job of managing trust assets to benefit the trust’s beneficiaries. In exchange for their services, California Probate Code §15681 allows trustees to receive “reasonable compensation.” However, if the trust document itself specifies different pay arrangements, then under Probate Code §15680, trustees are legally entitled to be …

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