We Make Trust Administration Easier For You
Trust administration generally describes the responsibility of running and managing a specific trust on a day-to-day basis, and is handled by the trustee of the trust. If you are a trustee, you will have a wide range of duties that must be fulfilled in regards to the trust.
For example, you will need to do things like make investments, watch out for the best interests of the beneficiaries, make legal decisions and more. There are times when you will need to consult with an attorney to make sure you are complying with all the laws and terms of the trust. When the creator of the trust passes away, you will have additional responsibilities that must be fulfilled.
During the transition period, the trust will need to make several different accountings, each of which should be handled with the help of a skilled attorney. When properly done, trust administration is significantly quicker, easier and less expensive than estate administration.
If you are a trustee, or you would like to assign a trustee, please contact us to learn more about your options and set up a consultation with an experienced trust administration and probate attorney.