Trusts and Estates
Ca. Trs. & Estates Quarterly 2020, Volume 26, Issue 1
Content
- Chairs of Section Subcommittees
- Editorial Board
- From the Chair
- From the Editors-in-chief
- High Value Estates: Proposal For Compensating Personal Representatives and Attorneys For Ordinary Services In Probate Estates That Exceed $25 Million
- Ing Trusts and the State of California
- Inside this Issue:
- Litigation Alert
- Practitioner's Guide To Preserving the Latino Legacy
- Shall We Check His Text Messages? the Growing Trend of Creating Wills In the Digital Age
- Tax Alert
- 2019 Legislation: the Cost To Be a Lawyer Just Got Higher and Other Important Legislative Updates For Trusts and Estates Practitioners
2019 LEGISLATION: THE COST TO BE A LAWYER JUST GOT HIGHER AND OTHER IMPORTANT LEGISLATIVE UPDATES FOR TRUSTS AND ESTATES PRACTITIONERS
By Kristen E. Caverly, Esq. and Lisa B. Roper, Esq.*
With important, controversial new laws like rent control, allowance of pay to student athletes, and mandatory disclosure of tax returns by presidential candidates grabbing headlines, a trusts and estates practitioner might be lulled into thinking that the biggest news impacting our practices is that an estate tax was not adopted this year in California—not so. In addition to Bar dues increasing for the first time in recent memory, the long overdue adoption of higher values for small estate administration, and expansion of mandated reporters of elder financial abuse, there are many new laws effective January 2020 that could significantly change our practice.
This article highlights many of those new laws that have been followed closely by the California Lawyers Association, Trusts and Estates Executive Committee ("TexCom"). Since all the new and amended laws cannot be covered in detail, at the end of the article there is a chart of additional bills that TexCom has been following and which might be of interest in your area of specialization.