A recent California Court of Appeal decision, Carne v. Worthington (4/13/16), shows how disputes over trusts can happen if one is not careful in executing and recording property deeds to transfer property into a trust. Had the decedent merely recorded the proper deed his estate could have saved years of litigation time and tens of thousands in litigation costs.
This case involved a dispute over the ownership of real property located on Via Regla formerly owned by decedent
The untimely passing of music superstar Prince was a shock to all who grew up with his music. As an attorney, one of the first things you assume is that he most certainly had extensive estate planning. He was surrounded by attorneys and money managers who would have pressured him to plan. Prince owned copyrights to his music, had a valuable public brand and name, and had an estate large enough to be subject to estate tax.
The Los Angeles Times reported that Prince's est
Many clients understand the concept of going to court or "suing" someone, and that a lawsuit can result in a trial before a judge or jury. However, not as many know that (i) in probate courts, which hear all estate and trust disputes, there is no jury, and (ii) there is a strong preference among the probate court judges that the parties attempt to mediate a matter before a trial will be scheduled. What is mediation? Well, in a non-legal sense any negotiation between two peop