Trust Administration in Winston-Salem, NC
Legal Guidance For Trustees And Family Members Needing Help With The Trust Administration Process
The trustee’s role in maintaining and administering a trust is vital. They have the responsibility of making sure the assets contained in the trust are handled properly and in the best interests of the beneficiaries. This is where trust administration comes in. Since most trustees cite unclear obligations, proper guidance and advice from an experienced trust administration attorney are crucial. With the right attorney by your side, you’ll be able to make sure duties are handled the right way, reducing the risk of litigation.
At Freedman, Thompson, Witt, Ceberio & Byrd, PLLC, we proudly represent trustees in the Winston-Salem area. Our firm’s roots in the community stretch back nearly 100 years. In that time, we have provided transactional help and practical legal advice to thousands of trustees. We will provide you good value thanks to our commitment to open communication, professionalism, and treating you as a member of our family.
Our Decorated Trust Administration Attorneys
Attorneys Bryan C. Thompson and A.J. Ceberio have the distinct privilege of serving as trustees for several trusts, from special needs trusts and Medicare set aside trusts, to educational and liquidating trusts. Bryan and A.J. take their role as fiduciaries seriously and always focus on the best interest(s) of the trust’s beneficiaries and the trust maker’s intent.
The Trustee’s Legal Duties
In estate planning and probate law, the trustee is the individual named in the trust as responsible for maintaining the assets in the trust for the benefit of the beneficiaries. For example, if there is a piece of real estate included in the trust, the trustee must keep the property clean and in good working order, ensure the property taxes are paid, and so on.
This is called having a fiduciary duty toward the trust’s beneficiaries, which is why a trustee is sometimes referred to as a “fiduciary.” Violating the fiduciary duty can expose you to a lawsuit from the beneficiaries or other parties. Our job as your law firm is to help you avoid this risk and make it possible for you to honor the grantor’s wishes for distributing the trust’s assets.
Trust An Experienced Firm
As a trustee, you have the right to seek experienced legal counsel for help performing your duties. With decades of experience under our belt, we are confident in our ability to help you navigate your trustee duties. Over the years, our attorneys have been exposed to incredibly complex estate administration and have managed to help our clients succeed time and again.
Speak To A Dedicated Attorney
You can reach our Winston-Salem office via our online form or by calling us at 336-725-8323. Take the first step toward resolving your legal issue when you arrange your private consultation with a knowledgeable lawyer at our firm.