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What is Trust Administration?

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Experienced Guidance Through The Trust Administration Process

People create trusts to protect their families from the costly and timely process of probate, to reduce federal estate taxes, to protect a loved one with special needs, and for a variety of other reasons. When it comes time to administer a trust, the trustee may seek assistance from an attorney to ensure the process is completed in accordance with the law.

If you have questions about the trust administration process, please contact the Law Offices of Alice A. Salvo. A California trust administration attorney can guide you through the trust administration process and finalize your loved one’s estate, if applicable.

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Understanding Trust Administration

The process of managing assets held in a trust is known as trust administration. The trust administration process can take place while the creator of the trust is still living or after the trust creator’s death. A trustee is the individual responsible for overseeing the trust administration process.

The trust administration process may vary depending on what type of trust was created. Our law firm can help you administer irrevocable trusts, revocable trusts, special needs trusts, life insurance trusts, and other types of trusts. We can also assist in the process of dissolving the original trust and creating subsequent trusts to transfer assets. We will keep your best interests in mind at all times, including considering any tax implications.

Contact Our California Trust Administration Lawyer

For help understanding trustee duties or meeting the requirements of estate administration after a loved one’s death, please contact us online or call 818-676-9572.