Many people establish trusts during their lifetime as part of their Estate Planning. In many circumstances, this can lead to probate-avoidance, which can simply or eliminate the process of Estate Administration.
Trusts are established for tax purposes, to keep the administration of a decedent’s assets private, to avoid probate, and to reduce the costs of the administration and distribution of a decedent’s assets. Usually, this is the case. However, complications can arise and the administration of trusts often require a trustee to seek the advice of counsel.
Gendelman Law Group is here to assist trustees in the administration of trusts. Call us at (720) 213-0687 or contact us here.