Family Trust Dispute: The Case of Sarah Plott Key vs. Elizabeth Plott Tyler In a recent court decision, two sisters, Sarah Plott Key and Elizabeth Plott Tyler, continued their legal battle over their parents’ family trust. This case is complex and has involved multiple court decisions over the years. Here’s an easy-to-understand breakdown of what’s…
Ensure your legacy lives on and your wishes are fulfilled with an estate plan. While the primary focus often lies on providing for loved ones, many individuals also wish to leave a lasting impact through charitable giving. Leaving your estate to charity is a noble way to contribute to causes you care deeply about, and…
When faced with a terminal illness, one of the most compassionate and responsible acts an individual can undertake is estate planning. In addition to ensuring the honoring of their final wishes, this crucial process provides invaluable support and guidance for their loved ones during a challenging time. At Filippi Law Firm, we understand the unique…
Managing and distributing your assets and wealth properly can seem like a daunting task. Estate planning plays a crucial role in this process, enabling you to make strategic decisions about the handling of your assets after your passing. While estate planning may seem similar to financial planning, these two approaches differ significantly in their focus…
Overview of Trust Restatements Estate planning is a crucial aspect of financial planning that many individuals overlook. One key component of estate planning in California is the trust restatement process. A restatement is an amendment of the trust that replaces all of the terms of the trust with the new terms contained in the restatement….
Your Responsibilities as a Trustee (administrator or agent of a trust) Trustees are individuals or organizations tasked with managing and supervising the assets held in a trust on behalf of its beneficiaries. Trustees play a crucial role in estate planning because they ensure the successful implementation of the goals set forth by the trust’s creator,…
Comedian Jay Leno filed a petition in Los Angeles County Superior Court requesting to establish a conservatorship for his wife, Mavis Leno. This has become a notable legal development that has drawn widespread attention. The action represents a substantial progression in Leno’s often private, personal life. Following an observation of Mavis’ progressive decline in mental…
A trust is a legal document that designates one party, referred to as the trustee, to retain and administer assets on behalf of another, known as the beneficiary. A trust agreement is a legally binding document that outlines the terms and conditions for the beneficiary’s use of the assets. The law protects certain privileges for…
In estate planning, wills are essential for guaranteeing that your assets are allocated in accordance with your last wishes. But not all wills are made equal, and knowing the subtle differences between each kind is essential to making well-informed decisions regarding your estate. We’ll look at seven distinct will types in this blog post, from…
2024 California Law Update on the Required Method of Amending Your Trust In our October 2022 newsletter, we shared two cases where the law was unclear on the legally required method of amending your trust. There were two cases in the California appeals court system that came to different conclusions. A few others have entered…
