A trust, like a will, outlines how your estate assets (such as bank accounts) and property will be distributed after you pass away. One common type is a living trust, which lets you transfer assets into the trust while you’re still alive. Unlike a will, a trust can help your family bypass the probate process, which is why many people prefer using a trust over a will.
Trust administration refers to the process that is initiated when the trust’s creator passes away. This is the process by which the trustee’s intentions are carried out. No matter how thorough your estate planning documents are, this can still be a frustrating process. To simplify this process, ensure you have an experienced attorney who can help your family distribute the trust assets. Fales Law Group is the perfect partner. Gary Fales focuses on Las Vegas wills, trust assets, and estate tax planning.
At Fales Law Group, we’ll put together a comprehensive estate plan and take care of estate administration when the time comes. Leave your family with peace of mind when you work with the experienced attorney at Fales Law Group.
Whether or not you already have a living trust, an estate planning attorney can guide you through the entire process, including tax and business succession planning. They will help you:
At Fales Law Group, we’ll help you create a solid family plan to ensure your trustees, rules, and beneficiaries are clearly defined, helping you avoid probate.
A trust fund administrator is responsible for managing the trust’s assets both while the owner is living and after they die. Often the trust fund administrator is the trust’s lawyer, but it may also be a bank or trust management company.
The cost of setting up a trust in Las Vegas varies on the complexity of the trust and the status of the individual. Set up a free consultation t with our legal team to get a quote!
Living Trusts are Outdated
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The percent of your assets that could go to Probate Fees
At Fales Law Group, we are committed to simplifying the trust administration process for you and your family. Our experienced Las Vegas probate attorney is ready to guide you through the legal steps with efficiency and care. Reach out to us today to schedule a free consultation and get the assistance you need.
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