Trust Administration in Los Angeles
Management of a Trust
The administration of a trust is essentially when an individual is in charge of the handling and dispersing of an individual's belongings of a trust. There are many obligations that the individual who handles the trust has. According to the California probate code §1600, the individual who handles the trust is required to distribute and take care of the trust, as the document for the trust stipulates when the trust is received and agreed upon.
Speak with our Los Angeles probate attorney for assistance with the management of a trust.
Some Obligations of Trust Administration
Probate code §1600-16015 specifically details the job of the individual who handles the trust. There are a number of obligations and conditions that the individual must adhere to.
Such as:
- Cannot handle a separate trust that is in opposition with the original trust
- Required to get rid of the opposition
What the Administration of the Trust Must Fulfill
Under §16009 an individual who handles the trusts must maintain which belongings belong to the trust and which do not, as well as make sure which belongings are part of the trust are labeled as such. The individual who handles the trust has many tasks that they must do for trust administration as listed in §16005-16012.
The probate code describes many other specifics of trust administration as well. If you or someone you love has been appointed as the trustee, or the individual that handles the estate, you can consult our offices to learn about what is required in trust administration.
There are several obligations regarding trust administration, so feel free to contact the Law Offices of David A. Shapiro, P.C. if you have any questions or require some legal assistance.
