We are a full-service estate planning and probate law firm working to provide peace of mind to our clients and their families.
What Is a Trust?
A trust is an arrangement in which a trustee holds assets for the benefit of a beneficiary. A trust can be created during a person's lifetime or after their death. The trustee is responsible for managing the assets and distributing them to the beneficiaries according to the terms of the trust.
Trusts can be revocable or irrevocable:
- Revocable trusts: A revocable trust is one in which the grantor retains the right to change or revoke the terms of the trust at any time during their lifetime.
- Irrevocable trusts: An irrevocable trust is one in which the grantor has waived their right to change the terms of the trust or revoke the trust during their lifetime.
Trusts can be created for a wide variety of purposes, including:
- Charitable giving
- Estate planning
- Asset management
- Tax planning
- Gift giving
What Is Trust Administration?
Trust administration is the process of managing the trust after the grantor's death. This includes tracking down trust assets, paying the grantor's debts and taxes, and distributing the assets to the beneficiaries.
Trust administration may include:
- Tracking down trust assets
- Paying the grantor's debts and taxes
- Distributing the assets to the beneficiaries
Trust administration can be complex, and it is important that the trustee has the legal knowledge and expertise to complete these tasks. Our firm can help you create and administer a trust that will protect your loved ones' legacy and provide them with the financial security they need after your passing. Call our office today at (877) 641-2952 to speak with a licensed attorney about how to create a trust for your loved ones.
Our Satisfied Clients
Hear From Families We've Helped
-
"Due to the urgency of our particular needs, The Estate & Probate Law Firm worked quickly!"Joe D.
-
"They demonstrate a great knowledge of estate planning."Jane D.
-
"The Estate & Probate Law Firm completed our wills and other documents in the most professional, kindest manner."Former Client
Why Should I Choose a Trust Attorney?
Trust administration can be a complex process, especially if the trust was created after the grantor's death. It is important that the trustee has the legal knowledge and expertise to complete the tasks of trust administration. Our firm has the experience and resources to provide you with the peace of mind that your loved ones will be protected after your passing.
Some of the reasons why you should choose our firm to administer your trust include:
- We have the experience and resources to complete the tasks of trust administration
- We have the legal knowledge and expertise to provide you with the peace of mind that your loved ones will be protected after your passing
- We provide a free initial consultation
Contact our office online or at (877) 641-2952 to speak with a licensed attorney about how to create a trust for your loved ones.
Our goal is to provide exceptional service that supports the generations of your family.