When someone passes away who had a properly funded trust, while no court proceedings or probate will be required, there is still lots of work to be done and many statutes and formalities that must be followed.
The average person has little to no experience dealing with a trust and typically has many questions when serving as trustee for the first time. On top of that, oftentimes the trustee is a close relative to the decedent and not only has to deal with the emotional turmoil of losing a loved one, but also has to handle the complexities of administering the trust properly. We are here to help ease some of the burden of the trustee.
Many administrative tasks must be accomplished before successfully distributing the funds of a trust to the beneficiaries. The tasks may be further compounded by the relationship the trustee may have with the beneficiaries. For this reason, it is beneficial for the trustee to work with an attorney to minimize the emotional aspects of the administration and focus on the business of administering a trust.
Effective representation of a trustee is critical to properly carrying out the terms of the trust, and also to minimize or eliminate missteps and errors that can be made by the trustee. Mistakes can be costly to the trustee and could result in personal liability of the trustee.