858-361-3337 [email protected]

Trust Administration

If you find yourself the Trustee of an estate, we will guide you every step of the way, from lodging the Will and notifying heirs, to transferring assets to the intended beneficiaries.

Living Trusts must be properly administered after the Trustor dies. This is a private process that involves locating and valuing assets, notifying beneficiaries, paying expenses and taxes, establishing and administering sub-trusts, if necessary, distributing property to intended recipients, and advising successor Trustees.

As a named Trustee, it will be to your benefit to seek legal advice, as the trust will have to be administered in compliance with its own terms and in accordance with California state law. The Law Office of Asha J. Wilbun will help you through this process and ensure that your responsibilities are met in a stress-free and orderly manner.

While each trust is unique, Trust Administration typically requires the following activities:

Obtaining legal documents and records necessary to administer the trust and certify the validity of the trust when dealing with third parties

Collecting an inventory of trust property

Consulting financial, tax, and legal advisors regarding proper administration of the trust

Paying debts and expenses of the trust

Managing trust assets and investments

Obtaining appraisals or valuations of trust assets

Selling trust property

Keeping accurate records of trust income and expenditures

Filing tax returns

Providing a trust accounting to trust beneficiaries

Distributing trust income and property to beneficiaries

Closing a trust at the end of administration

Contact us today to schedule your 30 minute complimentary consultation

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[email protected]

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(858) 361-3337

533 2nd Street, Suite 121,
Encinitas, CA 92024

Estate Planning Is For Everyone