Trust Administration
What Is Trust Administration?
Dealing with trust administration can be a complex process. An experienced attorney can help make the process run smoothly and effectively by explaining the legal requirements of the trustee and his or her duties to the beneficiaries. At The Walker Firm, in Orange County, California, we have an in-depth understanding of the laws surrounding trusts and can explain the process to you.
Contact The Walker Law Firm to learn more about how we can help you with your trust administration duties.
What You Need To Know About Your Trustee Duties?
Being the trustee of a trust is an important role. After an individual passes, it is on your shoulders to see that his or her desires are carried out fully and that the beneficiaries are fully protected. It is critical to have an Orange County trust administration attorney in your corner to explain your duties to you and help to ensure that you follow procedures appropriately.
Protecting yourself as the trustee is important. Violating your fiduciary duties to the beneficiaries can result in many negative consequences. At The Walker Law Firm, we help you to get things done right the first time and minimize any problems you could face. By keeping you in communication with the beneficiaries, it is much easier to help you navigate all of your duties.
I Have Been Named A Trustee, What Do I Do Now?
At our law firm, we will guide you through all of the steps and duties required while always keeping the settlor’s intent in mind.
We can help to:
- Identify all of the assets and property that must be distributed
- See to it that all debts are accounted for
- Advise on jointly held assets
- Advise on trusts with multiple beneficiaries
- Guide you on the procedures when multiple trusts are involved
- Help allocate assets to the correct beneficiaries
By assisting you through these steps and more, our lawyers can help to minimize any problems you could face while still protecting the rights of the beneficiaries involved.
Contact The Walker Law Firm For Trust Administration Representation
With an experienced estate and probate attorney from the Walker Law Firm, your trust administration duties can be made simple. Contact our Newport Beach law firm for skilled trust representation in Southern California.
