Probate is the legal process of appointing a person to administer an estate, determining whether a valid Will is in existence, documenting the assets of the decedent, notifying and paying off creditors, and distributing the remaining assets, if any, to either the beneficiaries designated by the decedent in his or her Will or by the state under the laws of intestacy of the decedent’s state of residency at death. Learn More.
If you have been appointed the trustee or successor trustee of a trust, and have never before administered a trust, the thought of doing so can be somewhat daunting. To successfully administer a trust you must have a thorough understanding of the trust purpose and trust terms as well as the state and federal laws that apply to the trust. Learn More.