Our Services
Trust Administration
We provide trust administration services to ensure that your trust is being properly managed and your loved one's wishes are being carried out. Sometimes you may just need some direction, other times, the trust and family dynamic require more skill and legal ability to administer and complete. Mainly, we don't want to overcomplicate the point of having an estate plan created. Your close ones left you assets this way so that you did not have to go through the pain and long suffering of a complicated distribution process. All of that being said, California has specific timelines and legal procedures that trust administration requires. Our transparent and clear communication will empower you to decide how much legal help you need after someone has passed. As trustee, you have a fiduciary duty and legal responsibility to administer the trust. We offer monthly trustee training and Q&A's to our existing clients to take the mystery out of the expectations of trusts and their administration.
"The truth is, you leave this world with nothing. What you are is a temporary administrator, and you must administer well... the wealth in your care, and generate more. The surplus can be used to do many things for people." -Carlos Slim
Trust Administration
01.
General Guidance
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Information on statutory timeline and deadlines
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Address and guide you on the 4 taxes: Income, Property, Capital Gains, and Estate Tax
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Advise on process and procedures
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Phone calls and check ins.
02.
Full Trust Administration
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Send out notices to heirs and beneficiaries
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Notify SSA, DHCS, and Credit Bureaus of death
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Obtain taxpayer identification numbers
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Assist the accountant with final tax
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Assist trustee with complete inventory
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Coordinate appraisal and tax professionals
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Send out notices of distribution
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Trustee is personally liable and we will make sure you are in complete compliance throughout the process
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Assist with completing forms from various institutions
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Deal with assessor issues
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Administer, create, and guide your testamentary or continuation trusts
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Deeds, county transfer documentation
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Family agreements, disclosure and releases
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Certification of Trust preparation and authority to access accounts