What is Trust Administration?
Trust administration is the process of managing and distributing assets held in a trust. A trustee, appointed by the trust's creator, oversees the trust's assets and ensures they are distributed according to the terms outlined in the trust document.
How Does Trust Administration Work with Our Firm?
Our firm is dedicated to providing comprehensive trust administration services. We will guide you through the entire process, starting with an initial consultation to discuss your specific needs. We will:
- Review your trust documents
- Identify and secure trust assets
- Manage and invest trust assets
- Pay taxes and other expenses
- Distribute assets to beneficiaries
Key Benefits of Trust Administration
- Asset Protection: Trusts can protect assets from creditors, lawsuits, and taxes.
- Privacy: Trust assets are generally kept private, unlike probate assets.
- Control: You can maintain control over your assets even after your passing.
- Flexibility: Trusts offer flexibility in terms of distribution and management.
Learn more about our comprehensive estate planning and probate services here.
Contact an Estate Planning Attorney in Ann Arbor to Help You!
If you have questions about trust administration or need assistance with your trust, please contact our firm. We are here to help you ensure your wishes are carried out and your loved ones are protected.
Regardless of your stage in life, consult an estate planning attorney in Ann Arbor to create your estate plan with a will and a trust. With the help of an experienced estate planning attorney at Pear Sperling Eggan & Daniels, P.C, you can rest assured that your assets will be easily located, managed, and passed to your loved ones.
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