FAQ > Trust Administration (7 entries)
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Trust Administration is the process that begins with the death of the grantor (settlor), upon acceptance by the successor trustee to serve and ends upon the final distribution of Trust assets ...
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Trust Administration is similar to, but not the same as, a probate Administration. It is a systematic set of local, state, and federal rules designed to pay the obligations of the ...
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That depends. If the trust was completely funded with the decedent’s assets during his or her decedent lifetime, then no probate will be required. However, if the decedent left certain ...
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The successor trustee will only control the assets held in the name of the trust. It is critical that the successor trustee not commingle the trust accounts with his or ...
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The initial Trust Administration process itself is straightforward if handled competently. It may take around five to six months from beginning to end. However, other matters unrelated to the Trust Administration ...
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It is important to seek the assistance of an attorney who focuses his or her practice on estate planning, probate and trust administration for assistance in the administration of your father’s ...
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Yes, but what you will need to do will depend upon the type of estate plan that you and your spouse implemented prior to his or her death. For example, ...