Trust administration is the act of handling an Estate within a Trust after the death of the person who established the trust. Depending on the particular circumstances and type of Trust, Trust administration is typically done without the supervision of the probate court.
Indeed, many people create a Trust for just this reason as the costs to administer a Trust are generally lower than the costs to administer a probate estate. It is often faster, and there is more privacy. The goal of Trust administration is to transfer property from the decedent to the beneficiaries, per the Trust’s guidelines.
The instructions on how to manage and distribute the property are explained within the Trust itself.
Our Estate Planning lawyer can help you gain peace of mind by securing these issues. Consulting with an experienced estate planning lawyer is essential. It will ensure that your final wishes regarding your property, your loved ones, and your healthcare options are carried out.
Not all lawyers are created equal. In difficult times, it is vital to select a lawyer who can relate to your situation in a very professional and sensible way.
Our Estate Planning attorney has the experience you need to address all your questions regarding wills trusts and probate, including estate administration. He is a knowledgeable and compassionate lawyer.
We are located 5 minutes from the Portage County courthouse in Ravenna, OH. Our law firm was created in 2000, and our lawyers have been servicing the Portage County community ever since.
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The attorneys in our law firm primarily service Portage County courts (Ravenna and Kent), and Summit County courts (Akron, Stow, Barberton). Cases in all other courts in North East Ohio, such as Cuyahoga County courts, are handled under specific terms and conditions.