Trust administration is the efficient, cost-effective administration of the Trust of a deceased individual.  The goals of trust administration are very similar to the goals in a court-supervised probate, but are generally accomplished in a much more timely, cost-effective, and private manner.  As in a probate, in a trust administration, the trust assets are collected, the debts of the decedent are paid, and the remaining trust assets are distributed to the beneficiaries named in the Trust.  Unlike a probate, however, a trust administration is often much quicker, taking only weeks or months, as compared to a probate that may stretch on for years.  Additionally, a probate is often much more cost effective than a probate, potentially saving thousands of dollars that can be distributed to the beneficiaries.  Finally, a trust administration is private, often with no court involvement whatsoever.

Although trust administration is often efficient and cost-effective, it still must be done with the requisite degree of care and formality.  Many individuals simply fail to take any actions whatsoever upon the death of a spouse, or fail to follow the requisite formalities and steps when distributing a loved one's assets.  Failing to follow the requisite steps and formalities can have disasterous consequences.

The experienced attorneys at the Law Office of Jim Eimers can meet with you and assist you in the difficult task of dealing with the loss of a loved one.  We can assess and advise you on what steps need to be taken to, and can assist you from start to finish in the efficient administration of a loved one's estate.