Trust Administration
Are you the Trustee of the Trust and unsure what to do next? VITTAS LAW will work with you to administer the Trust properly so as to minimize your potential liability to the beneficiaries and distribute and close out the Trust in the most expeditious manner possible.
Steps of Trust Administration include:
Notification to beneficiaries (required by California Probate Code §16061.7)
Taking control of real property and recording the proper documents
Marshaling other assets, including those not titled in the Trust
Income and estate taxes
Paying debts
Accounting
Distribution
Funding subtrusts
Litigation