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Planning and implementing your estate can be a cumbersome process. However, it is essential if you want to ensure that your assets are distributed according to your wishes after you pass on. For this reason, it is always advisable to work with a trust administration attorney. In this blog, we will take a closer look at what a trust administration attorney does and the importance of having one involved in your estate planning process.

Drafting and Reviewing Trusts and Will Documents

A trust administration attorney is responsible for drafting and reviewing trusts and will documents. They will ensure that your assets are protected and distributed according to your wishes. The attorney can also ensure that all paperwork is in order and that no legal issues are likely to arise as a result of your estate plan.

Administering Trusts

Once a trust has been established, an attorney can help administer it. The trust administration attorney will ensure that all assets are properly titled and that the appointed trustee is carrying out all instructions according to the established trust. This includes managing investments, paying bills, and making distributions to beneficiaries.

Managing Assets

A trust administration attorney can also help with the management of your assets. The attorney can give you advice on investing in stocks, bonds, or other investment options and can also help you review your options when it comes to liquidating any assets you own.

Estate Tax Planning

An experienced trust administration attorney can help you plan for estate taxes. They can help you understand the impact of taxes on your estate and develop strategies that can minimize the impact of estate taxes on your beneficiaries.

Dispute Resolution

In the event that disputes arise over the terms of a trust or will, a trust administration attorney can help to resolve these disputes. The attorney can provide mediation services or, if necessary, can represent you in court.

While estate planning can be a cumbersome process, it is essential to ensure that your assets are distributed according to your wishes after you die. This is where a trust administration attorney comes into play. The attorney can help you establish trusts, manage assets, create will documents, and handle disputes that may arise. It is always advisable to work with a reputable attorney to safeguard your estate and give you peace of mind. 

Contact a law firm like Zapolis & Associates, P.C. to learn more.