2890 N. Main Street, Suite 206 • Walnut Creek, CA 94597

Trust Administration

If you are responsible for administering your deceased loved one’s trust, turn to our firm for the assistance you need.

What are a trustee’s responsibilities?

The process of administering a California trust varies depending on the terms of the trust, but in general, all trustees are responsible for the following:

  • Identifying all of the assets that are owned or should be owned by the trust
  • Determining the value of trust assets
  • Identifying the beneficiaries of the trust
  • Providing certain information to those beneficiaries
  • Accounting for how trust resources are managed
  • Making distributions to beneficiaries according to the terms of the trust

If you have been named as a trustee, we can help you understand your responsibilities. We can also help you to efficiently administer the trust by working closely with you and your existing professional advisors, including your financial advisor, accountant, and other trusted advisors.

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Should I serve as a trustee?

The decision to serve as trustee should not be taken lightly. It is a difficult, time-consuming job, and a trustee can be held personally and financially liable for failure to carry out mandates of the trust to the letter. It is advisable to consult an attorney who focuses on this area of the law.

What if an estate or trust includes business holdings?

Absolute Trust Counsel founder Kirsten Howe has extensive experience in business law which enables her to provide particularly invaluable advice to estates and trusts that include business holdings.

To learn more about how Absolute Trust Counsel can help you with the California trust administration process, contact us today for an initial consultation.


Navigate the Administration of a Family Member’s Trust with Ease

The job of a trustee isn’t as easy as one may think. You must give legal notices, retitle assets, file tax returns, understand a legal document, and perform a variety of tasks most people find unfamiliar. As a trustee, if you forget a step or make a mistake, you could be held liable.

Protect yourself, have a plan, and find out the next steps about your specific trust. Schedule a one-hour roadmapping session with Absolute Trust Counsel. We will review your trust, answer your questions and develop an action plan to get the job done right.


Free Resources 

Whether you have become involved in the trust administration process or are just looking for more information, Absolute Trust Counsel is glad to offer an extensive list of resources for your consultation below. Have more questions about trust administration? We’re here for you. You can reach our team by emailing info@absolutetrustcounsel.com or by calling 925.943.2740.

Ebooks

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Guidebook 4:

Trust Administration – What Every Trustee and Beneficiary Needs to Know

Are you a Trustee or Beneficiary? Trust administration is much more work than it seems. Let us help you navigate the complicated steps required by law.

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Reference Guide 3:

An Introduction to Family Trusts

Building your estate plan couldn’t be easier. Get our free introductory guide to the number one used estate planning tool, family trusts, and understand exactly how we plan to protect your family.

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