What is the Statute of Frauds?

What is the Statute of Frauds?

Under California law, for the most part, oral contracts are valid and enforceable.  However, California (as well as most States) require by statute that particular types of contracts, in order to be valid and enforceable, need to be in writing (versus oral contracts)...
Powers of a Trustee in a Typical Revocable Trust

Powers of a Trustee in a Typical Revocable Trust

In California, a revocable trust is typically created to hold property so that should the person who created the trust, called a settlor, ever lack the capacity to care for themselves, the trust will hold the property for the benefit of that person during their life...
A Heggstad What?

A Heggstad What?

In a previous blog focusing on trusts created in California, we discussed the importance taking the final step of funding your trust once you have created the trust.  So what happens if you forget to fund your trust or if you tried to fund your trust during your life...