One of the most important aspects of a trust is that the assets in a trust aren’t required to go through the probate process. However, when trusts are used to avoid probate, it is vital that they be administered properly. If your estate planning involves a trust, it is important to work with a qualified Kansas trust lawyer to ensure that all legal requirements are met.
The Wright Law Firm has considerable experience with trust administration in Kansas. We help our clients, both beneficiaries and trustees, protect themselves against possible legal issues, and ensure effective and accurate administration of the trust. We tailor counsel depending on the role of our clients in the administration.
- For beneficiaries: Anyone who receives distributions from a trust is referred to as beneficiaries and is often the heir of the settler (the person who created the trust). We assist such clients by ensuring that the trust is efficiently run. This helps to minimize administrative costs, improving the share of our clients in the remaining assets.
- For trustees: Trustees are the individuals responsible for running a trust, and also for making distributions. We help ensure that the distributions are made as quickly as possible, and that there are no other legal issues.
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Trust administration is not a matter to be taken lightly. Ineffective management could mean that the assets of the trust may run out more quickly than initially intended. This could cause problems for all parties involved. Therefore, it is imperative to have experience on your side.
At the Wright Law Firm, we have a proven track record of effective trust administration. Contact us at (913) 710-9885 today to learn how we can be of service to you.