A living trust avoids probate, but it does not run itself. As successor trustee you have legal duties to the beneficiaries. We help you meet them step by step.
The trustee's checklist
Timelines and notice rules apply once the person who created the trust passes away. Getting them right protects you as trustee.
Notice to beneficiaries
California requires a formal notice to beneficiaries and heirs within 60 days, which starts the 120 day window to contest.
Assets and values
Secure property, obtain date of death values, and keep trust funds separate from your own.
Debts, taxes, distribution
Pay valid debts, file final and trust tax returns, account to beneficiaries, and distribute as the trust directs.
Where trustees need support
Most trust administrations go smoothly. These are the moments where a lawyer saves time and protects the trustee.
- An asset was never transferred into the trust
- Selling or transferring the family home
- A beneficiary is asking for an accounting
- Property tax reassessment and the parent to child exclusion
- Trust and final income tax returns
- Disagreements among beneficiaries
Recently named as trustee?
We can walk you through your first 60 days and what comes after.
