The probate and trust administration process can be quite complicated. There is typically a myriad of paperwork, financial accounts, insurance policies and retirement plans, as well as real and personal property to deal with. Paying special attention to beneficiary designations and how assets are titled is crucial during this time, and Insight Law can help ensure the estate is properly administered.
In the absence of a Will or Trust, property titled in the decedent’s individual name will be settled under state intestacy laws. As the overseer of a decedent’s estate, the personal representative or trustee has a duty to settle and the duties of a personal representative or trustee include but are not limited to:
The settling of one’s affairs is a time sensitive and demanding process. There is much to know and even more to do. We welcome you to contact us to schedule a meeting to discuss your needs. To learn more about trusts, check out this video: