alaska trusts & wills estate planning trust administration probate

alaska trusts & wills estate planning trust administration probate

alaska trusts & wills estate planning trust administration probatealaska trusts & wills estate planning trust administration probate

Trust Administration

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Trust administration can be a challenging task for a trustee and a confusing process for a beneficiary. Trustees owe certain duties to beneficiaries under both state law and the terms of a trust. Each trust is a little different and understanding and following the terms can be tricky.

Trustee Representation

 When we represent a trustee, we participate in as much of the trust administration process as the trustee deems necessary. Services may include preparing trustee accountings, general advice regarding expectations and responsibilities, interpreting certain provisions of the trust, how to resolve conflicts with beneficiaries, and reviewing legal documents involved in a trust transaction. 

Beneficiary Representation

 When we represent a beneficiary, we advise them as to their rights. A beneficiary’s rights will vary depending on the nature of the interest in the trust.  We review trustee accountings and other information provided by the trustee and advise the beneficiary as to what those documents mean and how they impact their interest in the trust. We also can communicate with the trustee or the trustee’s attorney on behalf of the beneficiary.

Alaska Trusts and Trust Administration

 If you have a question about a trust, whether as trustee or as beneficiary, please contact us.