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Trust administration is necessary when a person who died set up a trust during their lifetime.  After death, a successor Trustee steps in to collect and safeguard the trust assets, notify creditors, pay debts and tax obligations, and distribute the Trust assets according to the written instructions contained within the Trust.  Unlike probate, trust administration is not a court-supervised process.  Trust administration tends to be less time consuming than probate and more cost effective than the probate process.  An attorney is often hired to assist the Trustee to be sure all legal obligations are met and to guide the Trustee with the trust administration tasks.  If you have been named as a Successor Trustee of a Trust, we will be happy to assist you. Contact us for a free consultation.

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