WILL AND TRUST ADMINISTRATION
When a loved one dies, their estate needs to be administered to wrap up all outstanding matters. This is commonly an emotional and challenging time for the family. Guidance from a knowledgeable legal professional can help you through the process in a timely and efficient manner.
Probate is a legal proceeding which establishes the validity of a Last Will & Testament, and appoints an individual or organization to administer the estate. This process is handled within court system. The representative is most often the person named in the Will to act as executor.
Trust administration is done most often without court involvement. Both an executor and trustee are required to identify and inventory the assets of the estate, pays final debts and taxes, and finally distribute the remaining assets according to the terms of the Will or the Trust. If there is neither a Last Will & Testament or a Trust, then your estate will be distributed pursuant to state law.