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Tag: liability

Can You Benefit From a Trust Protector?

Can You Benefit From a Trust Protector?

What is a Trust Protector? A trust protector is a person who has the authority to direct the actions of the trustee or trustees of an irrevocable trust.  A trustee generally has broad sweeping authority to invest funds and distribute income and principal.  In contrast, trust protector has limited authority to give instructions to the … Continue reading Can You Benefit From a Trust Protector?

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Prop 19 – Property Tax Changes

On November 3, 2020, California Residents passed Proposition 19 (2020) The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act (“Prop 19”). Prop 19 drastically changes California’s property tax laws. Prop 19 makes amendments to the state’s Constitution that are important for property owners in California: Prop 19 eliminates … Continue reading Prop 19 – Property Tax Changes
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