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
- Funding subtrusts
VITTAS LAW will help you each step of the way to properly administer and close out the Trust.