Trust Administration Attorney in Newport Beach
Trust administration is a complex but necessary process that must be undertaken when the settlor of a trust passes away.
Whether you have been appointed successor trustee or you are the beneficiary of a trust, it is important to know your rights and obligations. R. DeDe Soto and her team can guide you through the trust administration, making a complex process much easier to bear. Call The Soto Group to speak with an experienced trust administration attorney in Newport Beach.
The Trust Administration Process In California
We will meet with you and gather all of the pertinent information and explain the trust administration process ahead of time. We will learn your family dynamics and what needs to be done. Based on the information we gather from these conversations, we outline our recommendations, including all fees, deadlines and responsibilities.
Some of the most important steps in the trust administration process include:
- Giving notice to all beneficiaries of the trust
- Transferring title of real property that was held in the trust
- Identifying all property held in the trust, including bank accounts, investments and transferring ownership to the beneficiaries
- Paying debts and taxes
While it is difficult to start, we can take some of the stress and difficulties away from your family by assisting you through the process and giving you legal guidance. Now is the time you need a lawyer whom you can not only trust, but also feel comfortable with, knowing that your trusted adviser is here for you and serving you with compassion and sensitivity.
Recently I had our trust revised after my husband died. R. DeDe Soto was highly recommended to me. She was recommended for good reasons. She is compassionate, patient and very thorough. She made sure that I understand the content of the trust and how precise the content of the trust needs to be. She walked me through the process, explaining in layman’s terms exactly what needed to be done, what records I needed to provide. I feel secure in her guardianship of my trust. Thank you DeDe!