Trust and Estate Administration
What is trust administration?
Trust administration is a private procedure without court involvement. It involves the gathering and safeguarding of the decedent’s assets, properly investing those assets, using them to pay the deceased’s taxes and debts, and distributing the assets when allowed by the document. This can all be done without involvement from the court, and is typically far cheaper and more efficient than going to probate court.
However, these advantages are counterbalanced by the risk that every trustee takes as soon as they accept the job. If the trustee should make a mistake, he or she can be required to personally pay for it. Our attorney offers legal counsel to trustees or trust beneficiaries to ensure that all legal duties are properly carried out.
The legal duties of a trustee are often numerous.
How Can We Help?
Call us anytime or send us message to schedule a consultation with our office.