The Important Process of Trust Administration
We are often asked by clients how difficult it is to administer a Trust. Our answer is that Trust Administration is a formal fiduciary process that can be a complicated task for a Trustee (the person who manages the administration) to handle properly on their own. There are numerous specific and detailed steps legally required by Florida Statutes during this process, and this process can vary some depending upon the type of Trust being administered. It is essential that all legal and financial obligations are settled, and all terms of a Trust are fulfilled, before remaining assets are disbursed to beneficiaries.
If you need help with administering, or establishing, a Revocable or Irrevocable Trusts please do not delay, and set an appointment with one of our knowledgeable, compassionate, and caring Elder Law Attorneys. With offices in Orange Park, Jacksonville, and St. Augustine, our Elder Law Attorneys help numerous clients in the North Florida area with the important process of Trust Administration.
We are your Florida First Coast Elder Law Attorneys.