Trust Administration
Ensure Your Wishes Are Carried Out Properly
A trust has many advantages, including avoiding probate, minimizing tax burdens, increasing privacy, and creating advantages that you and your heirs can enjoy.
Twin Falls Estate Planning, PLLC can help you establish a variety of trusts that serve different purposes, including the management of property for minor children and the appointment of guardians for minors.
If you want to set aside funds to be distributed annually after your death or if you prefer that probate be avoided, a trust may be more appropriate than a will.
Let Us Handle the Many Trust Administration Details
- Notifying beneficiaries and heirs.
- Conducting an inventory of the deceased person’s trust assets.
- Adhering to deadlines and following the terms of the trust.
- There may be separate procedures – or even lawsuits – required in contentious trust admin cases.
- Real estate or other property may need to be sold to effect the correct distribution of assets.
- Other assets may need to be transferred from the decedent to the beneficiaries.
- Ascertaining and paying debts and taxes.
Were you appointed as trustee and are now overwhelmed by your duties? We can help with that as well.
The process generally begins with a trustee consultation, where we will give you all the forms and guidance to complete your tasks as trustee. Still not enough? We can help you step down and appoint us as the new trustee.
We also can solve your dispute with loved ones now, before things escalate further.
Request an appointment today. We can answer all of your questions. Call now or email [email protected] for an appointment.
