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Trust administration is the process of distributing the assets of the trust creator or “settlor” in accordance with the terms of the trust. This process begins upon the death of the settlor or upon a trustee being unable or unwilling to serve the estate.
This process can be complicated, and difficult for trustees to navigate without extensive legal knowledge because there are many steps require to safeguard effective administration.
We help guide trustees through this process and advise them of their duties, liabilities and obligations.
