Respected Trust Administration Lawyer in Southern California
After the death or incapacity of a trustor (the person who created a trust), a trust requires administration by a successor trustee to carry out the express terms of the trust. While court involvement is not typically required, trusts do not self-administer and the actions of the trustee are critical. The process of trust administration requires the involvement of experienced professionals to advise the trustee on how to carry out her duties under California law, as set forth in the California Probate Code. If a trustee breaches her duties under California law, her personal assets can be at risk of surcharge by a court.
The decisions you make regarding your estate determine how your property will be divided and what estate taxes will need to be paid after your passing. Be sure that your intentions are carried out by consulting with an attorney in our Palm Springs or Los Angeles offices today.