What is Trust Administration?

Trust administration is the process of managing and settling a trust after the passing of the grantor (the person who created the trust). It involves collecting assets, paying debts and taxes, and distributing the trusts assets according to the grantor’s wishes. If you were the appointed as the successor trustee, then you have fiduciary obligations to the beneficiaries, and a lot of legal steps to take in the management of the trust and trust assets. Trust administration has a lot of work, but it is preferred to probate because the process is more private, funds can be accessed quicker and legal costs are reduced. Without a knowledgeable attorney, this process can be riddled with potential pitfalls and legal complexities.

Why Choose Nygren Law office?

Our seasoned team understands that every individuals story is unique. With years of experience in the Sacramento region, we’re deeply committed to crafting tailored estate plans that reflect your wishes and values. Whether you’re just starting out or reflecting on a life full of memories, Nygren Law Office stands ready to secure your legacy, ensuring that your legacy and assets from your life’s work are managed and distributed exactly how you’d like them to be.

Don’t let Uncertainty cloud your future. Plan today, and rest easy tomorrow.

Eager to map out your legacy’s course?

Reach out and schedule a free initial consultation with Tonya Nygren. Together, we’ll ensure your legacy stands as a testament to your journey.

Hours
Monday–Friday
9 am– 5 pm

Phone
(916) 743-4043

 

“Tonya helped us with a trust she was very thorough, she made it very easy for us.”

— Caress G.