Have You Been Named as a Trustee of a Living Trust?

Learn What Lies Ahead in Trust Administration

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What is Trust Administration?
Trust administration is the management of assets held in a trust for the benefit of another person, living or dead. Trust administration can often be a complicated matter. Assets must be found and inventoried, beneficiaries must be contacted, assets collected and invested; debts paid; creditors notified; taxes filed and paid; assets and/or income distributed in accordance with provisions of the Trust.

Trustee Duties:
When a loved one passes away with a Trust, as Trustee you are in charge of the Trust Administration, and the list of responsibilities to follow can become overwhelming. As the Trustee, you may not have the time, resources or knowledge to personally administer the Trust on your own. An experienced estate planning attorney can help you deal with the complexities of Trust Administration.

Download Your Free Report
Instantly download, “Trust Administration: Prior Planning Prevents Problems” and find out how you can:

  • Learn all the stages of Trust Administration
  • Learn the main duties of a Trustee
  • The liabilities you assume as a Trustee
  • Learn important definitions to know in Trust Administration
  • How to determine if estate taxes are owed

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