- Advise trustees on legal aspects of trust administration
- Ensure that distributions are carried out according to the wishes of the grantor
- Navigate through the maze of rules and regulations
Having a properly drafted and funded trust may help you avoid a stressful and complex probate process in Wyckoff, NJ. But even when the courts are not involved in
overseeing the administration of a trust, the trustee nevertheless has many of the same responsibilities as a representative in probate proceedings.
The trustee has a duty to appropriately administer the trust, which includes notifying trust beneficiaries, collecting and investing trust assets, paying