Legal Question in Wills and Trusts in California

Re: Probate and Family Trust

It is usually an accounting that starts with a list of all of the assets that were in the estate when the "trust maker" died, lists all of the income that has come in (dividends, interest, capital gains, etc.), lists all of the expenses (payments made for anything using estate funds), and lists "what's left" (the "assets on hand") as of the date of the accounting.

"First & Final" merely means that this is the only accounting expected to be made.

This information is not intended to substitute for professional legal advice and does not create an attorney-client relationship. You should accept legal advice only from a licensed legal professional with whom you have an attorney-client relationship.