Estate planning and trust management are crucial to ensuring your assets are protected and your wishes are honoured after you pass away. In Orange County, CA, where the real estate market is competitive and personal wealth is substantial, having a reliable estate planning trust 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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