Selecting an estate planning attorney is a crucial step in ensuring your wishes are carried out and your loved ones are protected after you’re gone. Whether you’re establishing a comprehensive estate plan or navigating the complexities of trust administration, finding the right attorney is essential.
The Steps of Trust Administration
After the creator(s) of a trust have passed away, the designated successor trustee then takes on the crucial role of administrating that trust. Administering a trust involves several critical steps to ensure that the trustee manages the trust according to its terms and in the best interests of the beneficiaries. Understanding these steps can help trustees fulfill their duties effectively and avoid legal complications.
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