Estate & Trust Administration
Guidance for executors, trustees, and families in administering estates and trusts, including post-death administration and ongoing lifetime trust matters.
Dealing with the loss of a loved one is difficult enough.
Handling the financial matters that come with it can be overwhelming and disorienting.
Estate administration is the process of settling a deceased’s financial matters. Sometimes this involves a Probate proceeding. Sometimes, if there is a trust, this involves Trust Administration. Often times, real estate is held in a Survivorship Deed or the deceased recorded a Transfer on Death Affidavit and steps must be taken to transfer the real estate under those documents.
Our offices, based in Cleveland, have significant experience assisting clients in navigating the Estate Administration process.
Probate
We assist clients with a broad range of probate matters, including estate administration, guardianships, and certain trust matters requiring court involvement, including proceedings to appoint an executor, administrator, guardian, or successor trustee.
Estate Administration
Estate administration is the process of settling a deceased’s financial matters.
Trust Administration
Trust administration involves an agreement between the Grantor, the maker of the Trust, and the Trustee, the administrator of the Trust, about how Trust property is to be managed and provided to beneficiaries.
When you pass away, if your assets (like your house, bank accounts, or car) are only in your name without a designated beneficiary, joint owner or a trust, they will need to go through a process called probate.