Some people consider establishing a trust to avoid probate. Despite taking this measure to avoid going to court, the trust's terms or conditions can cause disputes, requiring legal interventions. If left with no other options, the beneficiaries or other involved...
Contracts are the backbone of almost every business transaction. They are legally binding agreements that outline the terms, conditions and obligations of all the parties involved. However, there are times when one party may rely on a promise made by the other, only...
Concerned family members or beneficiaries can potentially initiate trust litigation for a variety of different reasons. One of the more common concerns that lead people to initiate litigation in the California probate courts is a belief that an outside party has...
When a breach of contract happens, it’s only natural for the aggrieved party to ask the court for a remedy – but what if they don’t take action within a reasonable amount of time? The longer the time that passes between an incident and the lawsuit that follows, the...
Business partnerships fall apart all the time, and most partnerships are prepared for the possibility. When it happens, either the partnership agreement or the company’s operating agreement usually provides the guidelines for a dissolution. What happens, however, if...
Social media can be a very valuable tool for businesses. However, social media can also cause challenges for business owners and executives, as online communication has made business fraud easier to perpetrate. Plenty of people will use social media to defraud...
A trustee needs to communicate with beneficiaries about crucial matters, as required by law. Therefore, if the trustee of a trust for which you’re a beneficiary fails to keep you reasonably informed, you can take legal action against them. Let’s look at some key...
Contracts are the tie that binds two businesses together when it comes coming to launching and managing operations. Yet, far too often, the promise of a satisfactory long-term relationship can come to a sudden end should a disagreement or contract breach occur. While...
When assets are put in a trust, a trustee is assigned to oversee it. This is the person who authorizes distributions of money from that trust. For example, perhaps your parents put money in the trust and left it to you. You have not been named as the trustee, so you...
Shareholders play a significant role in a business. While they are not involved in the day-to-day running of a business, they can vote in management and have several responsibilities and duties. Unfortunately, shareholder disputes can arise for various reasons and...