tag:blogger.com,1999:blog-83799716940388582612012-02-16T20:01:27.806-08:00Info and updates on living trusts, wills, powers, and estate planning generally--the whys, wherefors, and whatnots.KC Shippeyhttp://www.blogger.com/profile/01270542803478702949noreply@blogger.comBlogger21100tag:blogger.com,1999:blog-8379971694038858261.post-8489544424484047132010-03-09T18:23:00.000-08:002010-03-09T18:32:05.064-08:00

I have had requests to explain the EFFECT of the new trust law....not just what it says, but what it means. Ahem. So this is my attempt, but with typical attorney disclaimer. No one really knows what a law means until it is tried, tested, and interpreted by courts.....so here goes.Nearly all trusts and wills have a provision called a "no-contest clause" by which an heir who brings a lawsuit to

KC Shippeyhttp://www.blogger.com/profile/01270542803478702949noreply@blogger.comtag:blogger.com,1999:blog-8379971694038858261.post-32101481728402990872010-03-06T02:57:00.000-08:002010-03-06T03:04:12.321-08:00

Effective January 1, 2010, California laws governing Trusts and Will have changed. Specifically, the new law has amended the requirements for the NO-CONTEST CLAUSE in any “protected instrument.” This clause WILL NOT BE ENFORCEABLE in California unless it is amended to comply with the new law. Here’s the facts:What is a No-Contest Provision?It is a common provision in trusts and wills that sets up

KC Shippeyhttp://www.blogger.com/profile/01270542803478702949noreply@blogger.com