M. FRANKLIN PARRISH
When a Trust has been established as part of a comprehensive estate plan and its creator (i.e., the Settlor/Grantor dies), Post-Mortem Trust Administration becomes necessary. At the Walnut Creek, California, Law Offices of M. Franklin Parrish, we assist Successor Trustees in proper Trust administration to meet the desired goals of the Settlor.
If you are in need of an effective trust administration attorney to guide you in your fiduciary duties, contact us today.
Post-Mortem Trust Administration Services Throughout California
There are a series of matters that need to be addressed in order to ensure trust administration is done properly and according to the wishes of the deceased settlor (person who created the trust). We offer clear, orderly and easily accessible legal expertise to clients making this process as simple as possible.
We also offer guidance to fiduciaries in the Walnut Creek area regarding the analysis of estate planning documents, appraisal of existing assets, and filing of necessary state and federal income tax returns. We assist trustees in the transfer of title and allocation of assets between various trusts, including:
- Survivor’s Trust
- QTIP Trust
- Family Bypass Trust
- Children’s Trusts
Different types of trusts are created with various objectives. Revocable living trusts and irrevocable trusts are established when the settlor is still alive. By comparison, a testamentary trust comes into effect upon death, and is contained in a will. Such latter form of trust does not avoid probate because it is part of a will and becomes a public document. Depending upon the type of trust, the duties of the trustee may vary. At the Law Offices of M. Franklin Parrish, we can assist you in achieving the unique objective of the relevant trust by guiding you in meeting your fiduciary obligations.
Trust Funding Issues
If a Trust had not been properly funded while the settlor was alive, this may cause major difficulties for the trustee during the administration process. Another name for “funding” is titling of assets in the name of the trust. Take proper steps now to ensure that your estate planning is done correctly, and avoid probate and other obstacles for successor trustees and beneficiaries later on in the process.
Consult With an Experienced Estate Planning Attorney Today
Contact an attorney at our Walnut Creek, California, office. We want to make the post-mortem trust administration process as simple and efficient as possible.Franklin Parrish has practiced law for more than 30 years. Trust our experience to work for your benefit.