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Powell v. Tagami1, a recently decided case out of the Fourth District of the California Court of Appeal,illustrates the Court’s expansive application of Probate Code section 17211 (“Section 17211”), which allows for attorney fee shifting in cases involving a bad faith contest of a trust accounting. Specifically, Section 17211(a) provides that: If a beneficiary contests […]

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Master double entry accounting with this practical guide. Learn essential techniques to ensure accuracy and streamline your financial processes.

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Owners are "gambling their wealth" by investing a huge portion of it back into the company