Probate administration is the all-encompassing name for the administration of one’s estate at death through the courts. Probate courts handle issues related to Wills and property that do not have a method for distribution built in. Probate administration can be a complex process that almost always requires an attorney to facilitate. The attorney may act as the personal representative of the estate to make sure that the estate is faithfully probated, or the attorney may guide the personal representative through the confusion and delays that accompany probate.
Trust administration deals with the running and managing of a Trust and is handled by an appointed Trustee of the Trust. The Trustee is involved in managing the assets of the Trust, making investments, and watching out for the best interests of the beneficiaries of the Trust. In order to make trust administration a more straightforward process, the Trustee will occasionally need to consult with an attorney. This ensures that the laws and terms of the Trust are properly adhered to, and provides successor trustees a greater peace of mind throughout the Trust’s administration. Specifically, the attorney is essential upon the death of the creator of the Trust. During this time, the Trust is required to undergo several different accountings, which are completed more efficiently and accurately when a skilled attorney is involved. By offering competent and capable assistance throughout the process, an attorney can make Trust administration much easier, and less expensive than probate administration.
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