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Trust Administration

The process of administering a Trust varies depending on the terms of the Trust. However, generally, all Trustees are responsible for the following:

  • Identifying all of the assets owned by the Trust
  • Determining the value of said assets
  • Identifying the beneficiaries of the Trust
  • Providing certain information to those beneficiaries
  • Accounting for how Trust resources are managed
  • Making distributions to beneficiaries
  • Paying taxes, debts and final expenses
  • Posting for creditors

We can help you understand your responsibilities as Trustee. We can also help you to efficiently administer the Trust by working closely with you and other Trust advisors, including your financial advisor, accountant, and other trusted advisors.

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Huron Valley Law Center, PLC
2850 S. Milford Road
Highland, Michigan 48357
Phone: 248.685.8743
Email: info@huronvalleylaw.com
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