Trust Administration

Attorney Herb Chavers has experience with Trust Administration. The process begins with an event that triggers a provision in your revocable living trust based estate plan, such as incapacity or death. The plan provides for the individuals you designated in your plan documents to step into action and execute according to your instructions.

Once the trustee is established, the process requires inventorying and appraising assets, accounting for all trust transactions and expenses, notifying the appropriate government agencies, filing final income tax returns, and distributing the trust assets to the individuals and charities listed as beneficiaries. Trust administration can be complex and the people you have designated must have competent and experienced counsel to guide them through the process. They must make important decisions and they may need legal assistance to make them wisely.

The estate administration process carries a lot of responsibilities. We can help guide your loved ones through the process as sensitively and completely as possible, and will try to make it as straightforward and efficient as possible.