When you have been designated as the trustee of a trust for the benefit of others, you may be uncertain of your rights and responsibilities. In such situations, it is important to work with a knowledgeable lawyer who has a great deal of experience helping others through the process.
At the offices of Craig Donoff, P.A., we bring decades of experience to people with concerns about how to administer a trust. We understand the related laws and all their complexities, and work hard to help our clients resolve their situations as smoothly and quickly as possible.Trust Administration Services In Southern Florida
With offices in Boca Raton, and serving throughout southern Florida, we offer counsel to individuals who have been named trustees upon the death or incapacity of a settlor (the person establishing the trust).
Administering a trust is not supervised by the courts. Nevertheless, it entails a number of legal considerations. Trustees are tasked with transferring property and other assets to beneficiaries — a process that can lead to bitter disputes among family members and other parties involved. Trustees may not be aware that Florida law mandates that they must provide an annual accounting to beneficiaries. Likewise, trustees must manage any interactions with creditors that may have financial claims against the estate. While administering a trust is often much simpler than administering probate, it is not uncommon for lawsuits to arise.
We can help. Namely, our attorneys can counsel you at every step and minimize the likelihood of legal disputes emerging.If You Need Guidance, We Can Provide It
Our firm can assist in your efforts to administer a living trust, a spendthrift trust, a special needs trust, an irrevocable trust and all related matters.
For a confidential appointment, contact us online
or call our offices in southern Florida at 561-451-8220. Initial consultations are always free.