California Trust Administration Attorney
California: Sirkin & Sirkin, was formed as a California estate planning law firm in 1993, and has since been committed to providing Family, Estate, and Trust legal services in California.
Ask our California Trust Administration Attorney to help you with all of your Trust Administration matters. If you are acting as a successor trustee, our California Trust Administration and estate lawyers work together to assist you in trust settlement and distribution matters. We are readily familiar with California Trust law and can advise you regarding beneficiary rights in relation to trusts and estate, especially those involving tax implications in California. Our goal is to provide our clients with peace of mind in knowing that the trustee is in compliance with his or her fiduciary duties and that trust settlement can be accomplished as amicably as possible.
Our California Trust Administration Lawyers can assist you with the proper advice in determining which estate planning tools are most appropriate for your family and how the language in the Trust Administration can affect your decisions and estate. Our team of California Trust Administration lawyers serves all California County family Courts.
California Trust Administration
California Trust Litigation
California Pension, and Life Insurance Beneficiary Litigation
California Trust Mediation
California Pension and Life Insurance Beneficiary Dispute Resolution
TOP MISTAKES TO BE AVOIDED IF YOU ARE A SUCCESSOR TRUSTEE
1. Failing to send the required notification to beneficiaries, heirs and government entities.
2. Making a distribution before the effective notice time passes.
3. Not having a Trust Administration plan and timeline.
4. Failing to timely inventory and appraise all the assets of the trust, and failing to inquire about non-trust assets.
5. Failing to keep assets of the trust separate from your personal assets.
6. Failing to make the proper tax allocations and tax elections.
7. Making personal use of trust assets.
8. Failing to prepare early for estate taxes.
9. Failing to keep beneficiaries informed.
10. Failing to keep a trustee's notebook, and failing to timely account to the beneficiaries.
HOW DO YOU KNOW IT'S TIME TO CALL US?
1. You are a trustee and beneficiaries have contacted you to see when they will be paid.
2. You need a trusted advisor to be there for you and to guide you throughout the administration period.
3. There is a troubled beneficiary.
4. You are a beneficiary of a trust and the trustee is not paying your fair share of the trust.
5. The Decedent has named a minor as a beneficiary of the trust.
6. The trust calls for subtrusts and you have no idea what a subtrust is, or what to do with it.
7. It has been a month since the decedent died, and you have not collected any information about the assets of the decedent.
8. Decedent has named a special needs beneficiary as a beneficiary or heir.
9. You have no method of determining who should be entitled to the assets of the trust.
10. You don't have time to administer the trust and need a guide to help you, or you need someone to be there by your side to see to it that the job gets done on time.
CALL US TO SET AN APPOINTMENT WITH OUR
LOS ANGELES TRUST ADMINISTRATION ATTORNEY:
We are members of the Trust and Estates Section of the State Bar of California, the American Bar Association, the Trusts and Estates Section of the Los Angeles County Bar Association, Trusts & Estates Section of the Beverly Hills Bar Association, and the San Fernando Valley Bar Association.