Category

Trust Administration

Securing Your Legacy: The Importance of Wills and Trusts

Understanding the nuances of trust administration is paramount in Sonoma County’s landscape, where property values hold significant weight and familiar estates are cherished. It involves the meticulous management and distribution of assets held within trusts, serving to protect wealth and...
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What Happens to Fido When I Die?

Those of us who have pets know the joy of their unconditional love and how they enrich our lives. Many of us treat our pets as part of the family.  But in the eyes of the law, pets are considered...
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Trust Administration Doesn’t Have to Be Daunting

Trust administration in Santa Rosa involves managing the assets held under a trust and eventually transferring them to the beneficiaries. Many people think courts supervise trust administration, but this is not the case. The trust administrator, that is, the person...
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5 Steps in the Trust Administration Process

Administering a trust is a huge responsibility. Trust administrators have much on their plate and can often be overwhelmed by their to-do lists. It is no wonder that so many trust administrators make trust administration mistakes that expose them to...
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Are Trusts and Wills Interchangeable?

Wills and trusts are estate planning tools. A trust is set up to provide legal protection to the creator’s assets. It allows the Trustee appointed by the creator to take major investment, healthcare, and other decisions on behalf of the...
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The Difference Between a Trustee and an Executor

Even though trustees and executors have similar duties in that they are responsible for managing estate assets and distributing them among the beneficiaries, the nature of their jobs is different. Many testators appoint the same person as the trustee and...
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Trust Administration – The Secret Sauce

A trust is a legal, fiduciary arrangement that allows a person to hold and direct assets held in the trust. A trust can be set up under a trust agreement executed during the creator’s lifetime or can be created using...
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Trust and Estate Administration FAQs

A trust is a fiduciary agreement and is part of a larger estate plan. A trust is often used as a tool to minimize taxes and protect assets. If the creator goes bankrupt, creditors cannot make claims on the assets...
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