Trust administration refers to the process of managing a trust after the trustmaker (also known as the grantor or settlor) has passed away. It involves carrying out the wishes and instructions of the trustmaker as set forth in the trust document and ensuring that the assets held in the trust are distributed to the beneficiaries in accordance with the terms of the trust and law.

The duties of a trustee in trust administration may include managing the assets held in the trust, paying any outstanding debts or expenses, filing tax returns, distributing assets to beneficiaries, and providing periodic reports to the beneficiaries.

Trust administration can be a complex and time-consuming process, and it is important for the trustee to have a thorough understanding of the trust document, as well as any applicable laws and regulations. In some cases, the trustee may also seek the assistance of legal and financial professionals to ensure that the trust is administered properly.

Whether or not you need a lawyer for trust administration depends on the complexity of the trust and your comfort level with legal and financial matters. While it is possible for a trustee to handle the trust administration process on their own, it can be a complex and time-consuming process, especially if the trust assets are substantial or if there are disputes among the beneficiaries.

If you are unsure about your ability to handle trust administration on your own, it is always a good idea to seek the advice of a lawyer who specializes in trust and estate planning. An experienced attorney, like Heather, can provide valuable guidance and support throughout the trust administration process, and can help ensure that the trust is administered in accordance with the law and the wishes of the trustmaker. Additionally, having a lawyer involved in the process can help minimize the risk of disputes and litigation among beneficiaries.

If you are the successor Trustee of a Trust and would like representation to help you through this complicated process, please call us at 904-875-3774 (EPPG) to discuss your situation today.


904-875-3774 (EPPG)