COMPREHENSIVE TRUST ADMINISTRATION
Sarah M. Meinhart, PLLC is a client focused boutique law firm specializing in Estate Planning. Sarah M. Meinhart strives to provide professional services tailored to your specific state in life as you plan for your future and loved ones. The firm’s goal is to give each client a map of the attorney representation and to provide clients with predictability and peace of mind regarding the process and fees associated with the services rendered.
What is Trust Administration?
Trust Administration is the process by which a Trustee manages and distributes assets through a private Trust document. A trustee’s duties are very similar to the Personal Representative in a Probate Estate, being that they may be in control of burial/cremation, real estate, pay creditors, file taxes, and arranging for disposition of assets, but a trustee may also be nominated for a continuing trust for a special needs or minor child. A trustee has a duty to follow state law and carries a fiduciary duty to the beneficiaries of the estate.
How Does the Trust Administration Process Work with Your Firm?
It all begins with an initial consultation. Being prepared for the meeting will help us get right to work. Bring any necessary documents, including Trust, Pour-Over Will, Trust Amendments, and death certificates, and any questions you may have about the process. Our goal is to make sure you are comfortable with the process before moving forward. If you decide to retain our firm, a contract will be drawn up outlining the scope of the attorney’s work and fees involved for attorney and office staff work. Throughout the following months, your will be kept informed of the process and any questions that may arise will be addressed in a timely manner.
There is no charge for the initial consultation. The initial consultation is to meet with an attorney and to learn about the general process of trust administration.
Trust Litigation
Whether you are an acting successor trustee, beneficiary, close family, or friend; there are rights and duties for each party in the administration of a Trust. When disputes arise, an experienced attorney can guide you through the process and advise you on the proper route to carry out the drafter’s intent and protect your rights. Ms. Meinhart has the expertise to guide her clients to an understanding of the applicable law and act as your advocate in contested matters.
TRUST ADMINISTRATION: THE PROCESS
Amongst the flurry of losing a loved one, planning a funeral service, and locating a will, the process of probate administration can be stressful, frustrating, and burdensome. An attorney can easily dissipate the situation with her knowledge and skills. Knowing what to expect and how long the process will take gives clients peace of mind throughout the process.