Trust Administration is the process of settling a trust by distributing the property and paying creditors and taxes, if necessary. Sometimes, trusts are created under a Will and are funded in probate. In those cases, the trust will continue after the probate estate is closed. On the other hand, some trusts are established while someone is living (Inter-Vivos), and may either be terminated upon the creator’s death or continue after death, depending on the terms of the trust.
Trust administration may also be confusing and appear simpler than it really is. Making a mistake in the trust administration process could be very costly.
Please call our office at 954-832-0885 to discuss how The Law Offices of Odelia Goldberg can help you with your legal issues. Home, hospital appointments and telephone appointments are available.