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 Trust, such as debts of the decedent and taxes owed, file all necessary tax returns, cooperate with the personal representative of the probate estate (if one will be appointed), value the Trust assets, and make proper distributions to the beneficiaries of the Trust or to continuing Trusts. For a detailed description of the matters to be considered and which might have to be done, see the attached pages and our Standard Employment and Fee Agreement.