As a Ventura County estate planning law firm specializing in trust administration, our firm commonly recieves questions about the process of trust administration. We are often contacted by individuals who have questions about the benefits of estate planning, and what the advantages are of working with an experienced trust administration attorney. We have a team of experts with the legal knowledge to answer questions about the process of trust administration, and what the benefits of proper estate planning can be.
Our firm can provide expert legal services as estate planning attorneys. We are a Southern California based law firm in business since 1985. We specialize in trust administration and estate planning matters. To learn more about trust administration, or if you would like a free consultation regarding trust administration law, please do not hesitate to contact us at (805) 482-2282, or e-mail us.
How Does Trust Administration Work?
A successor trustee takes over the management of a living trust when the original trustee of the trust is no longer able to serve as trustee or when the original trustee dies. When a successor takes over as trustee everything changes.
The successor trustee manages the trust assets according to the specific instructions contained in the Trust. The successor trustee has the same kinds of duties that an executor would have in probating a Will. However, distributing from a Trust does not usually require court supervision, and is therefore more simple and private than probate. Almost always, the trustee can use certified copies of the Death Certificate and the Trust Agreement to begin managing assets right away, instead of waiting for a court order as required in probate.
It is our privilege to guide clients through estate planning decisions
