Winter deaths caused several trusts to become irrevocable and new trustees taking over. DeAngelis Legal advised the new trustees regarding their new duties and responsibilities, drafted the initial paperwork to transfer control, published notice to creditors to shorten the claims period and obtained tax identification numbers for the new trusts. All estates have avoided probate (so far) because all assets were titled in the name of the trust or had beneficiary designations.
By Quinn DeAngelis|2023-05-12T19:57:43-07:00February 15th, 2023|Recent Projects, Probate and Trust Administration, Protecting Family Wealth|Comments Off on January 2023 Trust Administration