Auburn Trust Administration

Trust Administration & Probate Attorneys in Roseville

Trust administration is a critical part of any estate plan. It is the process of managing the assets of a trust during its lifecycle, from its creation until its final distribution. Trust administration is a complex activity that requires specialized knowledge and skills. Our team of experienced trust and estate attorneys can help you administer trusts in Auburn and elsewhere in Placer County.

Request your initial consultation by calling our Auburn office at (916) 619-0783 or contacting us online to speak with a trust administration lawyer near you.

Trust Administration Responsibilities

Trust administration is a complex activity that requires specialized knowledge and skills. The trustee of a trust has a number of responsibilities, including:

• Managing trust assets
• Preparing trust tax returns
• Accounting for trust expenses
• Investing trust assets
• Distributing income and principal to beneficiaries
• Resolving trustee disputes

Trustees must be able to make informed decisions about trust administration and have the knowledge to resolve disputes with beneficiaries. Our Auburn attorneys can provide the specialized trust administration services you need.

What Is a Trust?

A trust is an arrangement in which one person, the trustee, holds legal title to assets for the benefit of another person, the beneficiary. The person who creates the trust, known as the trustor, transfers assets to the trustee to hold for the benefit of the beneficiary. The trustor retains control over the assets in the trust by naming a trustee and successor trustee.

Trusts provide a number of benefits, including:

• Tax advantages
• Protection from creditors
• Flexibility

Trusts can be revocable or irrevocable. An irrevocable trust cannot be changed or revoked by its creator. It can only be changed by the trustee or a court. Our Auburn attorneys can help you create a trust that meets your needs.

Trust Administration in Auburn

Trust administration is a complex activity that requires specialized knowledge and skills. Trust administration is not a one-time activity, but a continuous process that must be carefully managed over the course of the trust's lifecycle. Trust administration requires detailed accounting and tax planning, as well as the ability to resolve disputes with beneficiaries. Our team of experienced trust and estate attorneys can help you administer trusts in Auburn and elsewhere in Placer County.

Contact our Auburn office at (916) 619-0783 to speak with our Auburn trust administration attorneys.