Do You Need Help With The Trust Administration Process?
Often a loved one will create a trust in his or her will or prior to death. You may be appointed trustee. Serving as a trustee is a job, and your responsibilities, and accountability is governed by law. Moreover, you have a responsibility to the beneficiaries of the trust.
As trustee, you may have to locate assets, evaluate investments, dispose of assets, and establish and maintain financial records, reports and statements. You may find that you are ill-equipped or just too busy to handle all of the necessary paperwork. You do not have to face this alone. A lawyer can help.
Assisting You With The Trust Administration Process
At The Elder & Disability Law Center, we understand how difficult this time can be for you and for those you love. Our attorneys will provide you with compassionate and skilled assistance, and we are committed to guiding you through the often complicated administrative process you face as a fiduciary of a trust.
There are many types of trusts available to individuals in Washington, D.C., Maryland and Virginia. Just as each person has different hopes and dreams, every trust document contains different provisions. For example, if preserving assets for future generations is a primary goal, the trust will be structured quite differently than one that seeks to provide long-term care for a relative with special needs.
Skilled Guidance. Compassionate Care.
Since we have years of experience drafting estate plans and trusts — and advising families about life care and Medicaid planning — we are knowledgeable about all of the various provisions you may encounter with your loved one’s trust.
Let us help you avoid the potential risks of your role as a trustee. Contact The Elder & Disability Law Center online or call us at 202-452-0000 or toll free at 866-399-4324 to schedule a consultation today.