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Phone: 310-521-5300
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28924 S. Western Avenue
Suite 206
Rancho Palos Verdes, CA 90275
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A trust is created to enable a designated individual, known as the trustee, to oversee the assets owned by the trust owner following their demise. This process is referred to as trust administration. The trustee is empowered to manage the financial affairs of the former estate owner based on the trust's type and terms. For instance, a trust administrator may be tasked with ensuring a specific sum of money is distributed annually to each grandchild upon reaching the age of 35.
At Lane Law Group, Inc., we offer assistance to individuals assigned to administer a trust, ensuring the fulfillment of their responsibilities with diligence and completeness.
Contact Lane Law Group, Inc. to schedule a consultation with a lawyer today. 310-521-5300
If you find yourself appointed as a successor trustee, it's common to experience a sense of being overwhelmed and uncertain about where to start. However, you don't have to navigate this alone. Lane Law Group, Inc. has been offering trustworthy legal guidance for trust administration to clients in California for over 30 years. We are here to guide you through each stage using straightforward language and address any inquiries you may have. Our team is dedicated to ensuring that you meet all legal obligations, complete necessary paperwork for court submissions, and handle other essential aspects.
It's crucial to keep in mind that errors made as a trust administrator can have personal consequences. Given the responsibility of overseeing financial assets, any missteps could be interpreted as criminal negligence. That's why we strongly advise engaging an estate planning attorney to safeguard yourself from personal liability. Our team can assist you in notifying creditors and beneficiaries, as well as facilitating the distribution of inheritable assets.
When you select Lane Law Group, Inc. as your trust administration partner, you benefit from more than 30 years of legal expertise. Attorney Byron R. Lane is dedicated to his profession and has assisted numerous families in preserving and passing on their wealth across generations. We are enthusiastic about extending the same support to you.
Lane Law Group, Inc. is committed to safeguarding the interests of clients in Rancho Palos Verdes, San Pedro, and South Bay through comprehensive trust administration and estate planning. Reach out to our office today at 310-521-5300
to arrange a complimentary consultation with a seasoned California trust administration attorney.
Contact us now!
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Phone: 310-521-5300
28924 S. Western Avenue
Suite 206
Rancho Palos Verdes, CA 90275
Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.
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