Oxnard Trust Administration Attorneys
Dedicated Legal Representatives at the Toughest of Times
When a loved one passes away, their revocable living trust based estate
plan must be administered. People are oftentimes confused by this fact,
since they thought that creating an estate plan in the first place would
allow them to sidestep having to do work later. While it’s true that a
California Probate court proceeding shouldn’t be needed, trust administration nevertheless
must be carried out. And when you get down to it, the only real difference
between probate and
trust administration is that
probate administration is carried out in court. In both scenarios, a decedent’s assets
must be marshaled, debts paid off, and ultimately distributions to beneficiaries
made. Without a doubt, going to court in a probate court proceeding is
more difficult, time consuming and expensive. That’s why it makes
much more sense to set up a revocable living trust in order to avoid a
probate court proceeding, among other benefits to a revocable living trust
centered estate plan.
At Kaiden Elder Law Group, PC, we know firsthand that trust administration
can be extremely complicated and there are seemingly endless permutations
to the administration process. Moreover, if your successor trustee fails
to carry out their duties carefully and in a timely manner, they could
be held in breach of trust and subject to damages. That’s why seeking
professional guidance to administer a
California Living Trust is a must.
Our compassionate and highly skilled lawyers help trustees by providing
practical advice regarding the actions needed to minimize taxes and avoid
conflict as well as to file all the right legal paperwork after the death
of a loved one.
Request a Consultation with Our Legal Team Today
No matter what type of trust was created by your loved one, our knowledgeable
and talented attorneys are here to make sure all of the crucial legal
trust administration steps are carried out in accordance with California
law. Our legal professionals will answer your questions and guide you
through the labyrinth of tax, fiduciary and legal requirements thrust
upon successor trustees. When you turn to Kaiden Elder Law Group, PC,
you can rest easy knowing that we will stand by your side through the
entire California trust administration process and provide effective legal
representation.
Are you ready to get started administering a loved one’s estate plan?
If so, please call us today at
(661) 306-2500 or
contact us online to speak to a member of our highly regarded legal team.