You may not realize it, but without a trust administration in place, your financial information could become public record upon entering the probate process. Establishing a trust can help avoid this from happening, protect your families’ privacy and keep your family from having to go to court. A legal trust also helps avoid your will being contested.
Distributing your assets as they are laid out in your will is the obligation of the trust administrator. This person must follow your instructions and not do as they wish. A trust administration attorney ensures that your wishes are being followed.
Protect Your Assets By Establishing a Trust
Protecting your assets and ensuring that your beneficiaries receive what you want them too can be accomplished through establishing a trust. Trust administration and probate can be a lengthy process. Tax laws, debts owed and proper distribution of assets must be done correctly. The whole process may become quite stressful for your family members, even if you feel like you have everything in order. Having an attorney establish a trust for your estate can save your family undue stress, protect your family’s privacy, ensure your assets are protected and that all tax obligations are satisfied.
Cara Law is an experienced probate and trust administration attorney who will keep your best interests in mind at all times. Set up a consultation with us today to learn more about trusts and protecting your assets.