Trust Administration

WHAT IS THE PURPOSE?

The administration of the trust is in many ways the most important step. Trust administration is a necessary process that occurs after the death of either one or both settlors. To protect the successor trustees, there are many things that must be done to ensure proper administration.

Probate Administration

WHAT IS PROBATE?

When a person dies, his or her estate must go through probate, which is a process overseen by a probate court. If the decedent leaves a will directing how his or her property should be distributed after death, the probate court must determine if it should be admitted to probate and given legal effect. If the decedent dies intestate—without leaving a will—the court appoints a Personal Representative to distribute the decedent’s property according to the laws of Descent and Distribution. These laws direct the distribution of assets based on hereditary succession.

Trust and Estate Planning

WHAT IS THE PURPOSE?

Peace of mind. It’s about everyone you love and everything you own. A Living Trust protects you and your family during life and insures that your estate will pass on to whom you want, the way you want, and with as little cost and time delay as possible.