A properly drafted living trust can be a powerful tool. After all, it can avoid probate, which is an expensive, lengthy and public process that takes place in open court. Ultimately, a properly drafted living trust can save a family quite a bit of money.
But having a living trust doesn't mean there's nothing to do after someone dies. That often comes as a surprise to surviving spouses and beneficiaries.
A trustee of a living trust has a duty to administer the trust. In fact, the trustee can be personally liable for failing to do it incorrectly.
That's why a successor trustee usually hires a skilled attorney to represent them in carrying out their obligations. This can mean the difference between a smooth transition of assets from the deceased person to their heirs and a fiasco.
Our office represents trustees in trust administrations. If you are a successor trustee, you owe it to yourself (and to the beneficiaries) to make sure you have the right assistance.
Please contact Janine Crews in our office at 916-237-9040 or by completing the online contact form here. She can help you determine whether we would be a good fit for your needs.
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