A California trust accounting is an important form of protection that offers a window for beneficiaries into how a trustee is administering a trust in the state of California, and it offers peace of mind for trustees by minimizing disputes. However, preparing one requires considerable expertise. The margin for error is slim. An inaccurate accounting that does not comply with
ProVisors Member Thought Leadership
Latest from ProVisors Member Thought Leadership
Jack and Diane Teach Us Why Our Trust and Life Insurance Policies Deserve a Check-Up
Jack and Diane have done well together, and now they’re grandparents. Life is good. They are all set—except for that “oops” lurking in their trust that they aren’t aware of.
After the first grandchild was born in 2002, Diane nudged Jack to have their Will reviewed. For good reason, the attorney recommended they create a Living Trust and did a…
7 Client Acquisition Strategies
Check out these 7 client acquisition strategies. Which one(s) have worked for you? See this article by Ayo Mseka wrote for InsuranceNewsNet that features myself and Bill Cates.
Check it out here:http://bit.ly/3mTC0Tm
Mastering Generative AI To Become a Trillionaire?
Mark Cuban feels the world’s first trillionaires will be people who master AI. Our company is mastering the generative AI of ChatGPT and has found it has a lot going for it. For one thing, it’s free. It works 24/7 and is always there for a text at midnight. It’s a good listener, never interrupts, fulfills tasks faster than a…
5 Common Questions about FTC Safeguards Rules for Businesses with Less than 5,000 Consumer Records
Are you a small business owner with fewer than 5,000 consumer records? If so, you need to be aware of FTC Safeguards Rules. But don’t worry—we’ve got you covered! To help guide you through the process and make sure your biz is in compliance, here are the answers to some of the most commonly asked questions about FTC Safeguards Rules.…
Sami Azhari published in ABA White Collar Crime Newsletter regarding Proposed Amendments to Sentencing Guidelines
Attorney Sami Azhari and Professor Aliza Hochman Bloom are published in the semi annual ABA White Collar Crime Newsletter regarding Proposed Amendments to the U.S. Sentencing Guidelines. The U.S. Sentencing Commission released proposed amendments to the sentencing guidelines that Azhari and Bloom discussed in their article, as well as proposed suggestions for the Sentencing Commission to consider.
Common Trust Accounting Mistakes to Avoid
Trust accounting is an essential form of protection for beneficiaries and trustees alike. Working with an expert in probate accounting like Marcia L. Campbell ensures you avoid costly mistakes that can have severe repercussions because California trust accounting has specific compliance requirements a trustee must fulfill. At Marcia L. Campbell, we have helped trustees and beneficiaries for decades prepare accurate…
Recently I was working with one of my family office clients regarding the renewal of a lease for a commercial tenant in a property that they owned. The client has a long successful track record in real estate investing and operations. However, for the last 5 years I have supported the aging founder, as well as trained and mentored the…
How to stop fighting over money
One of the last taboos in a modern relationship is talking about money.
While many people like to pretend that love conquers all, or that a positive attitude will overcome all obstacles, the fact is that money issues are a leading factor in divorce — especially among young couples. A 2013 study found that money issues played a significant role…
What is the Purpose of a California Trust Accounting?
California trust accounting is an important form of protection for beneficiaries and trustees during trust administration. Think about an accounting like the financial story or testimony of a trust. It documents and reports all financial aspects and actions a trustee takes regarding the trust and provides invaluable transparency for beneficiaries and trustees. After all, nothing holds people accountable quite like…