Trust Administration

We are experienced at ensuring our clients’ trust is properly managed from start to finish.

trust-adminstration
ABOUT US

We develop solutions through a partnership that delivers.

At Business Estate & Tax Attorneys, P.C. we understand the unique demands of trust administration in California. Dealing with the passing of a loved one is enough to handle as is. Having to also act as a trustee for the estate can be daunting task, especially for a non-professional. You are not alone in this process. We combine our experience and substantive knowledge to make a trustee’s experience relatively smooth and cost-effective, as opposed to drawn-out, stressful, and expensive.

FAQS

We know how important it is to ensure that your loved ones are taken care of after you are gone. How can you ensure your wishes are met after death? Here’s what you need to know.

Let's Talk

What is the difference between a Will and a Trust?

The most significant difference between the two documents is that a will only goes into effect after the settlor (person who wrote the will) dies.

When does a Will vs. a Trust go into effect?

A will goes into effect after a person’s death. The person creating a trust determines when it should go into effect. The trust might begin the distribution of the person’s property before, at the time of, or after their death.

What does a Will vs. a Trust cover?

A will covers all of the person’s property at the time of their death regardless of its location. A trust only covers property that is transferred to the trust. An attorney can help you create a trust to plan for a specific situation or occasion or to help you save money on taxes.

OVERVIEW

Here's everything you need to know.

The trust administration process consists of many steps designed to safeguard the assets of the trust. The first thing the trustee should do is evaluate the assets and determine the settlor’s wishes. They will require several copies of the settlor’s certified death certificate to complete these steps. Sometimes it takes as long as six weeks to receive these necessary documents.

What's next?

A trustee must take the necessary steps to effectively administer the trust.

We're here to help.

Don’t let another day go by worrying about your assets and estate. We can provide you with the peace of mind you need to do what you do best, knowing your family and business associates will be taken care of when you are gone.