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PROBATE
& TRUST ADMINISTRATION
The death of a loved one is a challenging time. That challenge is often amplified when you are tasked with carrying out the administration of that person’s affairs—dealing with his or her debts and distributing his or her assets to the appropriate parties. The difficulty in administering the estate arises when you realize you are required to navigate these responsibilities while going through the probate process.
Understanding Your Responsibility as a Trustee
While one of the purposes in creating a trust is to avoid the probate process, there are still administrative steps that must be followed under the law to administer that trust. Failure to follow the necessary steps under state law can result in personal liability of the person serving in the role of trustee, as it is the trustee’s job to handle the trust’s administration. If you have been named as the trustee of a family member’s trust and do not know where to begin, you do not need to carry that burden alone. Contact our office today for a complimentary consultation and avoid the pitfalls that might rest solely on your shoulders.
